LSI strikes deal to buy Columbus' ADL Technology - Business First of Columbus:

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The Cincinnati-area company said the deal for ADL, basesd near Hilliard, is valued at about $13 million. ADL’s circuitg boards and assemblies are used in applications that include LED an area where LSI has been tryingto expand. LSI purchaseed Montreal-based LSI Saco Technologies, a designer of LED in 2006. LSI also disclosed a major worth $22 million to $23 million, to upgrades the lighting for a nationalo chain of gas stationconvenience stores. The contract with the retail chain, which LSI didn’t involves upgrading canopy, site and security lightingv withLED technology. The initial phasw involves the conversion of morethan 1,100 stores, LSI said.
LSI (NASDAQ: LYTS) manufactures and marketx indoor and outdoor lighting and graphic in North andSoutjh America, Asia, Australia, New Zealand and The company, which employs about 1,500, lost $13.7 million on $305.3 million in revenue for the year ended June 30, 2008.