Yes it is. At least I think it's electronic. I have had a magnetic one before.
The difference between the two, is that the magnetioc one makes a a hell of a noise when switching on. And the bulb's colour and brightness is the same from when it comes on. With the electronic one, it has a silent start, and the bulb's brightness is gradually brought to full brightness. The electronic one is also much smaller in physical dimensions.
Ross, terribly sorry this is off topic, but I thought it would be interesting.
Where are you? Maybe I can point you in the right direction. The commercial lighting places tend to be expensive with there lighting components. I find the best place is electric wholesalers.