Pros: respected brand, products
Cons: too big to move swiftly. sales force unable to sell systems, only components.
struggling with the disruptive technology of Light Emitting Diodes (LEDs). Eroding base of traditional light sources (fluorescent, incandescent, HID).
in preparations for a spin-off from Siemens, thus undergoing belt-tightening, balance-sheet spiffing, and hard looks at all things semi-profitable.
Currently laying off 4700 workers in North America.