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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Osram Takes Adaptive LED Headlamps to New Level

LED headlamps have become increasingly popular in the past few years due to styling, durability, and energy efficiency. Even mainstream vehicles often support SSL either for the main headlamp and/or daytime running lights. Still, LEDs offer potential advantages that go

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San’an Opto Refutes Plans of Acquiring Osram

San’an Opto clarified rumors that it was in acquisition talks with Osram on Monday. The two companies engaged in preliminary discussions about a potential acquisition or partnership, but had only met once to discuss related issues, stated San’an Opto. The

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Osram Finalizes Acquisition of Novità Technologies

Effective Oct. 4, 2016, Osram has successfully completed the acquisition of Novità Technologies, a U.S. manufacturer of automotive LED modules which are used primarily in tail lights, fog lights and daytime running lights. With this move, Osram will further expand

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Osram Strengthens Flexibility with New Smart Lighting Business Fluxunit

To encourage innovative internal and external ideas, Osram has created a captive business accelerator called Fluxunit. In taking this step, Osram has set up a flexible company unit outside its established structures that will promote new and disruptive business ideas.

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Forest Lighting Parent Company Has Signed an Agreement to Acquire Sylvania Brand Name as Part of Ledvance Acquisition

MLS, parent company of Atlanta-based Forest Lighting USA, has announced it is part of a consortium that plans to acquire Osram’s Ledvance lighting business, which includes the Sylvania brand name for the general lighting market. MLS intends to maintain a

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Analysis of Product, Channel and Entering Strategies in the India Lighting Market

India’s lighting sector has enjoyed accelerated development recently. The scale of the country’s LED lighting market in particular is projected to expand 47.1% year on year in 2016 to $1.14 billion, according to the 2016 Indian Lighting Market Report by

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Osram Sells Lighting Business

In its meeting on Tuesday, July 26, the Supervisory Board of Osram approved the sale of the general lighting lamps business. The buyer of the business now known as Ledvance, is a Chinese consortium consisting of the strategic investor IDG

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