LiteGear has been acquired by Chauvet. The Chauvet Cinema Group also owns Kino Flo.
According to Chauvet, “This strategic acquisition aligns with the company’s vision to broaden its reach and expertise in the realm of professional cinematic lighting. This merger brings together a powerhouse of expertise and innovation, promising to elevate the standards of cinematic lighting solutions.”
LiteGear is renowned for its products such as LiteRibbon, LiteMat, and LiteTile. As I previously mentioned, Chauvet also owns other notable brands like Kino Flo and ChamSys.
The Chauvet Cinema Group (CCG), is a dedicated division focused on expanding cinematic lighting markets. This new division, led by industry veteran Mike Wagner who was previously at ARRI, will drive the mission to venture into new lighting markets catering to image capture. The Chauvet Cinema Group will commence with the Kino Flo and LiteGear brands with plans for further expansion to include other brands.
The aim of the Chauvet Cinema Group is to play a significant role in supporting and rebuilding the lighting industry amid challenging times.
We have now seen Prolycht, Kino Flo, Claypacky, Cineo, and LiteGear get swallowed up by other companies.
With our industry currently in flux, it doesn’t come as a huge surprise that we are starting to see smaller companies being acquired by larger ones. My only fear is that we will end up with a lot of large companies that will end up controlling everything, making it harder for smaller-sized companies (who are often the ones to innovate) to exist.
