It seem that the lawsuit Orbitec filed against PFO has been dismissed and from the little reading I did on it, Orbitec plans to partner with a company not named yet, to make a move into aquarium lighting. Here's a link with more information, including the official court documents.
http://reefcentral.com/forums/showthread.php?s=&threadid=1624424
http://reefcentral.com/forums/showthread.php?s=&threadid=1624424