Siemens Exits Lighting with $1.4 Billion Sale

Perhaps in a sign of continued consolidation, Siemens has also withdrawn from businesses making phones, hearing aids and ovens. The Munich-based company completed the sale of its remaining stake in light manufacturer Osram Licht AG, raising about 1.2 billion euros

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Connected Lighting Boosts Sales at Guess

Sales at stores of the American fashion brand Guess in Switzerland have been boosted by its connected lighting, the suppliers have claimed. Sophisticated internet-connected lights are engaging customers and coaxing them into spending more with offers and discounts. Bluetooth beacons

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Osram Presents Innovative SMARTRIX Modules

New LED modules developed by Osram combine multiple emitters with silicone optics and driver electronics that deliver adaptive drive beam technology for automotive headlamps. Matrix headlights provide ideal visibility at night and poor weather conditions. The smart distribution of light

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Osram Acquires IoT Specialist Digital Lumens

Osram has agreed to acquire Digital Lumens Inc., a U.S. company based in Boston, Massachusetts that specializes in industrial IoT solutions. Founded in 2008, Digital Lumens employs 65 people and in the last fiscal year generated sales in the mid-double-digit

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MLS Continued to Lead the Pack of Chinese Lighting LED Packagers

In the China market, domestic manufacturers gradually became major suppliers of lighting LED sources. The table shown below discloses the top 10 Chinese companies with the biggest revenue market share. MLS’s production bases in Xiaolan, Zhongshan and Ji’an, Jiangxi have

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Continental, Osram Plan Vehicle Lighting Joint Venture

Osram wants to submit parts of its automotive lighting business to the joint venture while Continental will bring in electronic control systems, the weekly magazine said in an advance release to be published in its Friday edition. The joint venture

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LEDvance Sees Immense Potential in China & Asia-Pacific Lighting Markets

LEDvance, a global lighting provider based in Germany, is making all efforts to penetrate the China market with its digital and intelligent LED lighting products and lighting solutions. China the single biggest lighting market globally, and the entire Asia-Pacific region

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OSRAM Acquires LED Engin

Osram has agreed to acquire U.S.-based LED Engin Inc. in San Jose, California. The company has approximately 30 employees and annual sales of around US $10 million. LED Engin specializes in ultra-bright, ultra-compact solid state lighting solutions for variety of

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As Lighting Companies Move To Iot Services, Everything In The Business Model Must Change by Mark Halper

http://www.ledsmagazine.com/ As lighting vendors try to shift from the century-honed practice of selling light bulbs to selling services based on Internet of Things (IoT) connectivity, they are looking at nothing less than overhauling just about everything in their corporate structure

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Acquisition Synergies Expected to Help MLS and LEDVANCE Shine Brighter

Due to a major asset restructuring, from July 18, 2016, shares trade of MLS, China’s leading LED packaging manufacturer, remained suspended until May 2, 2017. MLS announced it would spend up to RMB 4 billion (around US$580 million) to acquire

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MLS to Have Full Control of Ledvance

The largest China-based LED packaging service provider MLS will spend up to $580 million acquiring the whole ownership of Guangdong Mingxin Optoelectronic, which holds a 100% stake in Ledvance, originally a lighting business unit of Osram. MLS said the acquisition

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German Town Taps Bluetooth-Enabled Outdoor Luminaires to Transmit Information About What’s Happening

The German town of Wipperfürth is using outdoor LED luminaires to transmit wireless information to residents and visitors about things happening in the city, marking the first known public deployment of Osram’s Bluetooth-based Einstone location-based service technology. Wipperfürth has installed

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Osram’s Sale of Ledvance Anticipated to Receive Green Light from German Government by 2Q17

Last July, IDG and its lighting partner MLS proposed to acquire LEDVANCE for US $439.58 million. Yiwu State-owned Assets Operation Center and MLS will each hold a 36% stake and IDG Capital Partners will own 28% stake in LEDVANCE following

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Chinese Bidders Walk Away from Osram Takeover

Chinese interest in a takeover of lighting group Osram Licht AG has cooled amid signs of mounting political opposition to Chinese acquisitions in Germany. Sanan Optoelectronics and venture capital firm GSR Go Scale Capital Advisors have stopped pursuing a bid

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Obama Poised to Block Chinese Takeover of Germany’s Aixtron

U.S. President Barack Obama is poised to block a Chinese company from buying Aixtron SE in Germany. Blocking the $714 million acquisition would derail China’s ongoing quest to buy Western engineering prowess, which has sparked political concerns about foreign ownership

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Germany’s Major Labor Union to Prevent Chinese Takeover of Osram

Germany’s biggest labor union IG Metall has announced that it will block every attempt of the Chinese investors to takeover leading lighting player Osram. This indicates the increasing counter-attack against Chinese participation in Germany’s high-tech sector. The union believed that

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Audi Taps Osram for OLED Taillights in Sports Car

Munich-based Osram said Audi is using the Osram OLED rear light module in the Audi TT RS, a compact sports car. In July, Osram announced a similar agreement with German carmaker BMW, which is using the OLED taillights in the

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Osram Invests in Tvilight to Expand Smart Lighting Technology

Osram is expanding its expertise in smart outdoor lighting systems for cities by acquiring a minority stake in the Dutch software specialist Tvilight. The lighting maker will hold 47.5% of the company, which offers sensor technology and smart light management

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Gooee Teams with Chinese LED Lighting Manufacturer Leedarson to Extend Its IoT Reach

Smart lighting startup Gooee has entered a wide-ranging partnership with a leading Chinese contract manufacturer of LED bulbs and luminaires in a deal that could extend Gooee’s own reach as an OEM vendor of chipsets and as a cloud computing

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German Government Puts Chinese Consortium Acquisition of Osram’s LEDVANCE on Hold

German magazine WirtschaftsWoche recently reported that IDG and lighting partner Forest Lighting (also known as MLS) proposed acquisition of Osram for US $439.58 million has been delayed over financial issues. According to the magazine this could delay the business transaction

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