Osram, Continental Plan Automotive Lighting JV - Energy Watch News


Osram, Continental Plan Automotive Lighting JV

Technology companies Osram and Continental today announced their intention to establish a joint venture. The idea is to combine innovative lighting technology with electronics and software to develop, manufacture and market intelligent lighting solutions for the automotive industry. The global joint venture will operate under the name Osram Continental GmbH and have its registered office in the Munich region. Osram and Continental will each have a 50 percent stake in the joint venture. Osram Continental will therefore be able to offer a broad range of end-to-end, innovative lighting solutions, designed especially for headlight and tail light applications. http://bizled.co.in/

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