LED lightbulb and signage company Revolution Lighting Technologies  got a little bigger on Monday.

This morning, the Stamford, Conn.-based manufacturer announced that it has bought a portfolio of general illumination LED lighting products from CMG Energy Solutions (CMG) for an undisclosed sum. These products include several complete product lines of CMG Energy Star-listed architectural, PAR lamps, and spotlights for use in indoor commercial applications.

In a statement, Revolution Lighting Chief Financial Officer Charlie Schafer noted that CMG's products are both "unique" and also "highly complementary" to Revolution's own product lines. The company intends to rebrand them under its own Seesmart brand.


Schafer noted further that Revolution Lighting expects to increase its revenues from selling the new product lines. The unprofitable company did just under $16 million in business last year, and grew revenues nearly 600% in the most recent quarter.

 

The article Revolution Lighting Expands in LEDs originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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