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

Tagged with: , , , ,
Posted in Industry News


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

Tagged with: , , ,
Posted in Industry News


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%.

Tagged with: , , , ,
Posted in Industry News


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

Tagged with: , , , ,
Posted in Industry News


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,

Tagged with: , , ,
Posted in Industry News


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

Tagged with: , ,
Posted in Industry News


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

Tagged with: , , , ,
Posted in Industry News


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

Tagged with: , , , ,
Posted in Industry News


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

Tagged with: , , ,
Posted in Industry News


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

Tagged with: , , ,
Posted in Industry News


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%

Tagged with: , , ,
Posted in Industry News


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

Tagged with: , , , ,
Posted in Industry News


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

Tagged with: , , ,
Posted in Industry News


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

Tagged with: , ,
Posted in Industry News


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

Tagged with: , , , , ,
Posted in Industry News


Osram Announces the Sales of Siteco Luminaires Business to Stern Steward Capital

Osram moved a step forwards to its transformation to a high-tech company by selling its Siteco luminaires business to Stern Steward Capital, the investment arm of Stern Steward & Co. based in Munich. According to Osram, “Separation from Osram gives

Tagged with: , , , ,
Posted in Industry News


Get 5G Connectivity from Your Lights

Two of the biggest names from the lighting and cellular networking industries — Osram and Nokia — have teamed up to explore the possibility of equipping LED ceiling luminaires with 5G radio chips to transmit data inside commercial building. In

Tagged with: , , , ,
Posted in Industry News


Osram, FSG Form Partnership for Smart Building IoT Solutions

Osram is a global high-tech lighting company, and FSG provides building technology system design, integration, installation, and managed services. As part of the collaborative partnership, FSG will offer the Encelium® Light Management System and fixture-integrated sensors, controls, and components by Osram

Tagged with: , , ,
Posted in Industry News


Osram Pilots Smart Building IoT Solution at Canadian University

Advancement of IoT technology enables integration of lighting and other application to improve efficiency of energy usage and save electricity cost. Commercial real estate owners are therefore actively seeking the benefits of data-driven, real-time applications that will modernize a business

Tagged with: , , , ,
Posted in Industry News


Osram Reports $101.9M Loss in Second Quarter

Financial results at Osram continued their downbeat trend. The world’s second-largest lighting company reported that revenue on a comparable basis fell 13.5% to $965.4M as EBITDA before special items plunged 92% for the second quarter ending Mar. 31, compared to

Tagged with: , ,
Posted in Industry News


Featured Product


 

Featured Job