Osram Bets Big on Casambi Wireless Lighting Tech

Osram has extended its technology deal with Bluetooth lighting pioneer Casambi to roll out the tech into more of its products. The move is significant as it will be seen a big vote of confidence in the Finnish company and its

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Companies Continue Their Transformation in 2019

Many companies of the LED industry initiated their organization or business restructuring since 2018 and their rebuilding have come to an end in 2019. In 2018, we have seen companies announcing sales of their old lighting business and diving into

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AMS’ Acquisition of Just-Enough Osram Shares Leaves It Needing More for True Control

AMS has revealed that it barely squeaked by its minimum threshold for acquiring Osram, garnering 59.3% of shares. While the amount met the required 55%, the Austrian sensor company still faces a battle for full control of Osram cash, and

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AMS Acquires Osram

In a dramatic race to the finish line, the Austrian sensor company gets enough shares to take over the world’s second-largest lighting company, approvals pending. With an eleventh-hour surge of commitments from Osram shareholders, Austrian sensor company ams has succeeded

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Osram Hopes Bluetooth Enlivens Wireless, as Lightelligence Comes Under Review

Osram hopes that the recent addition of Bluetooth to its product portfolio will spark what has been lagging interest in its wireless lighting controls in Europe, a development that has fueled questions regarding the future of the company’s broader Internet

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Osram Partners Silvair to Integrate Bluetooth Technology with Lighting Control

Osram’s HubSense® is designed to enable easy and time-efficient retrofitting of existing lighting installations into flexible wireless control systems based on the globally interoperable Bluetooth mesh standard. The system also allows quick and effortless modification of settings and lighting arrangement

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AMS Launches New Osram Bid

AMS launched a renewed $5 billion takeover bid for Osram on Thursday, hoping its latest offer would convince investors with a lower acceptance rate and concessions to the German lighting group’s management and trade unions. The Austrian sensor maker failed

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AMS Launches New Takeover Offer to Osram with Same Price and Lower Acceptance Rate

AMS re-approached Osram with a new bidding offer launched on October 18. With the new offer, the Austrian company aims to acquire Osram with a price of EUR 41 (US$ 46) per share with the minimum acceptance rate of 55%.

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AMS Failed with Takeover of Osram

The Austrian sensor manufacturer AMS has missed its self-imposed target to bring 62.5 percent of Osram shares under his control, as the company announced. AMS chief executive Alexander Everke only brought the owners of slightly more than half of the Osram

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Bain, Advent to Bid for Osram as Takeover Battle Escalates

Bain Capital and Advent International are preparing a fresh offer for German lighting maker Osram Licht AG, ratcheting up a bidding war with Austrian sensor maker AMS AG. The two buyout firms will spend the coming weeks conducting due diligence,

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Beijing’s £9bn Airport Lit Up for Opening

Lighting is set to play in crucial role in the passenger experience at Beijing’s new £9 billion airport, which opens this month. Some 1,300 LED downlight from Osram, all controlled intelligently by a central system, are integrated into lines in the

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Osram Shrinks Infrared LEDs for Facial Recognition

Keeping with its new emphasis on “high-tech photonics” over general illumination, Osram has introduced two new infrared LEDs — which Osram calls IREDs — intended for use as facial recognition chips that unlock smartwatches. The Munich company said that its

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Osram to Develop Automotive LED with 25,600 Pixels in One Chip for Next-gen Vehicles

Several LED manufacturers in the industry have turned their business focus to automotive applications targeting the progressing automotive and electric vehicle development. Osram released the idea of the first hybrid LED “Eviyos” two years ago and is progressing the second

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Osram Sells the SITECO Luminaires Business to Stern Stewart Capital

Osram has found a new owner for the Siteco luminaires business in Stern Stewart Capital. Stern Stewart Capital intends to continue the current transformation approach. Separation from Osram gives Siteco entrepreneurial freedom. The cost situation is also improved with the

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Osram Waives Standstill Agreement with AMS

Osram announced that its Managing Board and Supervisory Board have waived the existing standstill agreement with AMS and signed a cooperation agreement. This clears the way for a voluntary public takeover offer by AMS. The offer, which is expected to

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AMS Ignites Battle for Osram With $4.1 Billion Rival Offer

AMS AG re-entered the battle for Osram Licht AG with a 3.7 billion euros ($4.1 billion) offer, days after a major shareholder rejected a lower bid by rivals for the German light and sensor maker. Osram soared as much as 11%

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Osram Invests in Driverless Car AI Company

As Bain and Carlyle try to complete their takeover, Osram itself continues reshaping itself as a high-tech outfit, taking a venture stake in Silicon Valley startup Recogni. The company’s Fluxunit venture capital arm joined with other firms to place a

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Austrian Sensor Company AMS is Interested in Osram After All

AMS’s renewed interest could challenge private equity firms Bain Capital and Carlyle Group, which together are working toward finalizing a €3.48 billion ($3.83B) acquisition of Osram. An Osram spokesperson told LEDs Magazine that Osram could not comment on whether it

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Osram Accepts $3.8 Billion Offer From Bain and Carlyle

The price is still 15% lower than its peak this year in February. After Siemens AG spun off the light bulb-making division in 2013, Osram Chief Executive Officer Olaf Berlien began to refocus on higher technology, sparking a bitter and

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Bain, Carlyle Near $3.8 Billion Buyout of Germany’s Osram

According to Osram, Bain, Carlyle has offered an amount of $39.50 per share for the buyout, which will be approximately $3.8 billion for concluding the investor agreement and to make a public takeover offer. Osram said, “The responsible decision bodies

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