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


OSRAM Launches Digital Tunable White System Based on DALI-2 Design

The OSRAM Tunable White (TW) System provides a digitally controllable lighting solution which helps simulate natural daylight. This digital solution offers the freedom to adjust light preferences and is based on DALI-2 design for Human Centric Lighting (HCL) applications including

Tagged with: , , , ,
Posted in Product Promotions


Commercial Lighting Trends in 2019 Part 1

With advanced LED development and improved data transmitting technologies, commercial lighting is going beyond illumination. Osram proposed some commercial lighting trends addressing the well-being of users and optimized space utilization for efficient energy usage.The first thing Osram mentioned is human

Tagged with: , , ,
Posted in Industry News


Smart Lighting and IoT Service for the Future Offices

What will offices be like in the future? Current by GE and Osram provided some insights about how offices evolve with technology and noted that connectivity and smart lighting might be the fundamental infrastructure for setting up the future offices.

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


Wear LED Embedded Lighting Jacket for Safer Motorbike Ride

LED integrated wearables are becoming more and more common in the modern society for various functions. Motorbike clothing manufacturer Held is cooperating with Osram to improve visibility on the road by launching motorbike clothing that can be retrofitted with LED

Tagged with: , , , ,
Posted in Industry News


Osram Confirms the Buyout Rumors and in Discussion with Bain Capital and Carlyle Group

Osram announced a confirmation about the possible buyout by Bain Capital and Carlyle Group and revealed that it is engaged in detailed discussions with the interested parties. After Osram reported its declined business performance in the first quarter of fiscal

Tagged with: , , ,
Posted in Industry News


Osram Acquires UK’s Ring Automotive for Extend Its Aftermarket Products

After revealing its sluggish business performance, Osram announced that it will strengthen its automotive business by acquiring aftermarket specialist Ring Automotive. With the acquisition, Osram plans to expand its aftermarket portfolio and reach end customers via the distribution channels of

Tagged with: , , , ,
Posted in Industry News


Saint Peter’s is Transformed with Osram LED Lighting

A BESPOKE lighting system has transformed Saint Peter’s Basilica in Rome, allowing the art works to be seen in vivid detail for the first time. The showpiece all-LED installation – which delivers over 11 million lumens to the church’s interior

Tagged with: , , , ,
Posted in Industry News


Osram Warns of a Weak First Quarter As It Cuts Jobs

With no let-up in sight to the financial strains of transforming its business model, of relying on a soft automotive market, and of dealing with global trade wars, Osram warned that its 2019 first quarter will be weak when it

Tagged with: , ,
Posted in Industry News


Osram Infrared LED Tells Growers When to Harvest Crops

Osram has upped its game in the agricultural LED market, adding another near-infrared chip that reads the content of crops such as fruit or cereal to determine when they are ready for harvesting. The new SFH 4736, part of Osram’s

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


Osram Ready to Demonstrate Its Latest Technologies at CES 2019

Osram announced that it is going to showcase its cutting-edge technologies in a wide range of applications including mobility, connectivity, safety and security, and well-being and health at CES 2019. Osram will present sensors for self-driving vehicles, as well as

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


Featured Product


 

Featured Job