Osram Plans to Exit Luminaires Business - Energy Watch News


Osram Plans to Exit Luminaires Business

Osram Licht AG has announced that it will sell its Lighting Solutions business unit that manufactures finished luminaires. The company said it will focus on high-growth-potential applications going forward — most likely smart LED lighting and the Internet of Things (IoT), although the company did not explicitly identify those growth applications. Still, that IoT-focused theme has pervaded the company’s exhibits at major events this year including Light+Building (L+B) and LightFair International (LFI), with solid-state lighting (SSL) opening new doors for growth. As for potential suitors, one has to wonder what LEDvance and its parent MLS think about the Osram luminaires business. Osram has also invested heavily in the Osram Opto Semiconductors LED manufacturing business. https://www.ledsmagazine.com/

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