2019-08-22

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 be valid until the beginning of October, amounts to EUR 38.50 (US$ 42.70 ) in cash per share, with a minimum acceptance level of 70 percent. Olaf Berlien, CEO of OSRAM, commented, “Our shareholders now have two offers on the table, allowing them to choose between the different business concepts.” ...
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2019-08-15

Osram and AMS under Constructive Negotiation

Osram said that it has begun talking with AMS on a Business Combination Agreement since August 13, aiming a publication of AMS' takeover offer before the end of September 5. According to Osram, both parties will continue to carefully assess the details the agreement and hope to reach the common goal that ams will be able to start its tender period during the offer period of the existing takeover offer from the financial investors Bain Capital and The Carlyle Group, thus before the end of September 5, 2019. AMS submitted the proposal to Osram on October 11...
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2019-08-13

Osram Confirms AMS’ EUR 4.3 Billion Proposal and Starts Negotiation

Sensor maker AMS officially joined the bidding competition for Osram takeover against Bain Capital and The Carlyle Group. Osram confirmed the proposal from AMS on August 12 and will start negotiations with AMS. AMS announced on August 11 that it has submitted a takeover proposal to Osram at a price of EUR 38.50 per share (US$ 43.08), which is 10 percent higher than the price offered by Bain and Carlyle (EUR 35 per share). Based on the AMS’ offer, the value of Osram is around EUR 4.3 billion (US$ 4.81 billion).   The sensor maker a...
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2019-08-12

Fluence by Osram to Supply Horticulture LED Lighting for Canada’s Cannabis Producer

Fluence by OSRAM announced that it will become the LED provider of choice for The Green Organic Dutchman (TGOD), an organic cannabis company based in Ontario, Canada. TGOD will use Fluence LED lighting solutions for year-round cannabis cultivation, pushing its production capabilities to meet rapidly increasing global demand for organic cannabis. Fluence will supply its high-bay VYPR lighting solutions in two additional hybrid greenhouses of TGOD which measures over 1.4 million square feet. These new facilities will open in phases starting August 2019 ...
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2019-08-05

Osram Invests Autonomous Driving AI Startup Recogni

Fluxunit, OSRAM's Venture Capital arm joins leading VC funds well as automotive OEMs and Tier-1 suppliers in the financing round of Recogni. Recogni is a Silicon Valley start-up with subsidiary in Munich which develops a vision-oriented AI platform for autonomous vehicles, which allows the processing of sensor data from LiDAR, camera and RADAR systems in real-time and at low power consumption. Other investors of the financing round include GreatPoint Ventures, Toyota AI Ventures, BMW iVentures, Faurecia and DNS Capital with an amount of US...
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2019-07-31

Osram’s Fiscal 3Q19 Remains Weak and Managing Board Expects Shareholders to Accept Takeover Offer

Osram announced the financial results of fiscal 3Q19 which marked “no signs of business revival” for the company. The quarterly revenue dropped by 14.9% YoY to EUR 850 million (US$ 948.28 million). Its EBITA fell by 66.2% YoY with EUR 42 million (US$ 46.86 million). EBITDA adjusted for special items was EUR 58 million (US$ 64.72 million), which was down by 58% compared to previous year’s figure; net income amounted to minus EUR 35 million (US$ 39 million). All three business segment of Osram, Opto Semiconductors, Automotive a...
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2019-07-26

Osram Expands High Power LED Portfolio

Osram Opto Semiconductor announced the launch of its new high power LED, the Osconiq P 3030, providing long lifetime and high brightness. (Image: Osram) Osram combined its experience in the automotive sector and lead-frame technology to make the new product for expanding its high power LED portfolio for general lighting applications. The specially developed SMD (Surface Mounted Device) package with silicone lens delivers outstanding brightness and efficiency values, as well as a better lumens-per-dollar ratio than ceramic packages used in similar applications. T...
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2019-07-25

AMS Reconsiders Osram Takeover Plan

Sensor maker ams once again changed its mind for the Osram takeover plan. The company said on July 23rd that decided to re-evaluate a potential transaction with Osram after ams talked with its potential financial partners. ams reported last week that it did not see “sufficient basis” for continuous talking with Osram one day after the German company announced in public ams’ takeover approach. ams has proposed an offer of EUR 38.5 (US$42.9) per share for acquiring Osram. However, the Austrian company now said that after discussion with potential financial p...
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2019-07-16

AMS Withdraws Takeover Offer to Osram within One Day due to “Insufficient Basis”

Osram announced that it Austrian company ams has approached with the interest of a public takeover of Osram with a value of EUR 38.50 (US$ 43.36) per share. However, right after Osram’s announcement, ams decided to withdraw the offer as the company did not see “sufficient basis” for continually talking with Osram. According to Osram, ams showed the interest of acquiring Osram by EUR 38.5 per share. The announcement noticed that to support the offer, ams will need a temporary bridge-loan facility of EUR 4.2 billion (US$ 4.73 billion) and a capital i...
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2019-07-11

Osram Introduces Automotive LED Lighting Innovation following Autonomous Driving Technology

The evolution of automobile including changes in energy source and improvement of driving technology is also bringing advances in automotive lighting. The leading photonic technology provider Osram has continued to accelerate its development in automotive lighting and other innovative automotive technologies. Mike Godwin, OSRAM’s Director of Automotive LED Marketing, shared his insight of how automotive LED lighting has improved with the progress of autonomous vehicles. (Mike Godwin, OSRAM’s Director of Automotive LED Marketing. Image: Osr...
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2019-07-05

Osram Supports Public Takeover Offer from Bain Capital and The Carlyle Group

Soon after Osram’s announcement of the bidding offer from Bain Capital and the Carlyle Group, the German company said that it will support the public takeover offer. On July 4th, Osram announced that its Managing Board and Supervisory Board decided to support the legally binding transaction offer for the public takeover of all the shares of Osram by Bain Capital and the Carlyle Group. Osram and the consortium have also concluded an investor agreement that includes comprehensive commitments. “Bain and Carlyle are the right partners for Osram at the rig...
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2019-07-04

Bain Capital and Carlyle Offer US$ 3.8 Billion to Acquire Osram

Osram announced a confirmation of receiving a binding offer from Bain Capital and The Carlyle Group, the US-based private equity firms who have been in talk with the German company for a buyout since the end of 2018. According to Osram, the inventors have offered an amount of EUR 35 (US$39.5) per share for the buyout, which will be approximately 3.4 billion euro ($3.8 billion) for concluding the investor agreement and to make a public takeover offer. Osram said, “The responsible decision bodies will discuss and decide on this offer shortly.” Osram has b...
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2019-07-01

Fluence by OSRAM to Exclusively Provide LED solutions for AgMedica’s Medical Cannabis Facility

Fluence, the Austin-based horticulture LED lighting solution provider who were acquired by OSRAM in 2018, announced that it will provide AgMedica, an Canadian cannabis grower its LED-based growing systems exclusively. AgMedica will deploy Fluence’s LED systems in its multitier facility with the capability to expand operations on demand. The facility will utilize Fluence’s SPYDR 2 series of LED systems at every stage of plant growth, from mother stock, propagation, vegetative to flowering, enabling AgMedica to grow crops consistently with high ...
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2019-06-27

San Francisco Airport Shines with LED Art Installation

Osram subsidiary Traxon Technologies, who specialized in dynamic lighting solutions, set up an art installation at San Francisco International Airport’s (SFO) long-term parking garage. The art installation by Johanna Grawunder, titled Coding, uses a range of Traxon lighting technologies to create a subtle light show that is visible throughout the day and night, and uses the building’s existing steel beams and mirrored windows to suggest dots and dashes, ultimately spelling “San Francisco” in Morse code. “We are in the age of coding,” ...
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2019-06-25

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 Siteco entrepreneurial freedom,” and Stern Stewart Capital will continue the current transformation approach. Despite that the financial details of the transaction were not revealed by both parties, Osram noted that its cost situation would also be improved with the elimination of previous Group structures. ...
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2019-06-14

Horticulture Lighting News: Current by GE Release LED Replacement of High Power Grow Light; LED by Fluence by Osram Proved more Effective in Green House

Horticultural applications of LED lighting are the current trend in the lighting industry. Leading companies around the world have been developing different products to meet the increasing demands. As worldwide need for healthy, fresh food continues to grow, greenhouse growers require efficient, effective lighting to enable year-round growing. Current, powered by GE announced the release of the Arize Element Top Light, the industry’s first one-for-one LED replacement for 1000W High Pressure Sodium (HPS) products. The Arize Element features multiple light...
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2019-06-10

GILE 2019 Kicks Off! The Lighting Industry Envisages the Next Move in Innovation

Guangzhou International Lighting Exhibition (GILE) 2019 commences with a grand opening at the China Import and Export Fair, and will be held from June 9 to 12. The event’s host, Messe Frankfurt, points out that GILE took up 19 exhibition centers in scale with 2500 companies from 22 different countries participating in this grand occasion. It has already been 24 years since GILE’s inception, and the competition is all fired up in the lighting industry thanks to maturely developed technologies. Under the economic impact from the trade war triggered la...
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2019-06-06

Osram Led Project Presents “Invisible Light Switch” for Energy Saving Enhancement

Osram started a project named “SceneUnderLight”, with the University of Verona and the Istituto Italiano di Tecnologia (IIT) in Genova in 2015, aiming to response to the growing demand for maximum comfort and sense of security while granting large savings in energy consumption. The German company and the Italian research institutions have combined advanced computer vision technology and lighting solutions to create the invisible light switch that estimates the light propagation in offices in real-time and computes how much of it is perceived by the people. Mea...
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2019-05-23

Fluence by Osram Strengthens LED Lighting Solutions in Horticulture for European Market

Targeting the rising trend of indoor and vertical farming, horticulture lighting becomes a major focus for many lighting manufactures and Osram is one of them. The high tech company acquired Fluence Bioengineering, a US-based LED grow light supplier, in 2018. The company has launched LED horticultural lighting solutions in Europe, the Middle East and Africa (EMEA) with supports by Osram. According to Osram, Fluence’s staple full-spectrum LED lighting systems enable growers to achieve higher yields and higher quality than traditional horticultural lightin...
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2019-05-21

LED and Lighting Firms to Showcase Innovative Lighting Solutions at LIGHTFAIR International 2019

Starting today on May 21, LIGHTFAIR International (LFI) 2019 is taking place in Philadelphia this year. Leading LED and lighting companies across the world including Cree Lighting, Current by GE, Osram and more are presenting their latest lighting technology and innovative products at the event. Connected lighting, human centric lighting and architecture lighting are focuses of the international firms. Cree Lighting, now fully owned by Ideal Industries, will showcase its new product portfolio for indoor, outdoor and intelligent lighting at LFI 2019. Fo...
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2019-05-21

Osram Develops New Quantum Dots Technology to Deliver Better Lighting Performance

Osram announced that its new Osconiq S 3030 LED has incorporated a new quantum dots (QD) conversion technology that enables better lighting efficacy and higher color rendering indexes. (Image: Osram) Quantum dots are very small semiconductor particles which are about 10,000 times smaller than the diameter of a human hair. When blue LED light hits the QD particles, different colors are produced depends on the size of the particles. For example, QD particles that are roughly three nanometers in size produce green light, while particles around seven nanometers emit red...
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2019-05-16

Osram Partners Facility Solutions Group and Release New LED Fixtures to Push IoT Smart Applications

Promoting IoT applications in commercial, industrial and retail industries has been a major focus of Osram. The German company recently announced its partnership with Facility Solutions Group (FSG), a building technology system specialist design, integration, installation, for advanced smart building IoT solutions. Moreover, it also launched intelligent LED lighting fixtures for industrial IoT applications. The collaboration with FSG will enable Osram to combine its fixture-integrated sensors, controls and components with FSG’s Encelium® Light Mana...
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2019-05-10

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 or learning space. Osram continues to deepen its involvement in smart application development with several strategic partners. The company has recently completed a pilot program with a Canadian university for space optimization. Osram Digital Systems and its growing ecosystem of partners are...
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2019-05-09

Osram Announces Its Fiscal 2Q19 Financial Results with EUR 91 Million Loss

After releasing few warnings in February and March, Osram finally unveiled the financial results of the second quarter of its fiscal 2019 ending March 31. The results went in line with what the company has expected with revenues decreased by 13.5% YoY to EUR862 million (US$965.14 million). The adjusted EBITDA fell by 56% YoY to EUR70 million (US$78.38 million) with an adjusted EBITDA margin dropped from 16.9% to 8.1%. The net loss came to EUR90 million (US$100.78 million). Continuous weak growth in China along with ongoing trade conflicts have led ...
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2019-05-06

OSRAM LS CEO and WELLMAX CEO Visit the State Key Laboratory of Solid State Lighting

Last week, Mr. Herbert Willmy, CEO of OSRAM Lighting Solutions, together with Mr. Wang Yamin, CEO of Shanghai Wellmax Lighting (WELLMAX) and WELLMAX’s top executive team, visited the State Key Laboratory of Solid State Lighting (SKL), a world-class LED lighting research center with complete series of cutting-edged testing equipment and the strongest R&D capability. The group has a field tour of the SKL laboratory and held a talk on the future development of the whole lighting industry. OSRAM CEO and WELLMAX C...
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2019-05-06

Micro LED Progress Updates from Worldwide Companies for 2019 – Europe and North America

As more Asian players demonstrate their progress in Micro LED, LED technology providers and researchers from Europe and North America also synchronize their advances through deepening collaboration with various solution providers. Europe: Plessey presents Micro LED AR/VR glasses; Osram joins in on Micro LED automotive display research After Plessey unveiled its GaN-on-Si monolithic Micro LED in 2018, the UK-based company has cooperated with several partners including Vuzix, JDC, Nanoco Technologies, Aixtron, Mojo Vision and others. In col...
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2019-05-03

Osram Completes the Acquisition of Ring Automotive

Osram announced the completion of the acquisition of Ring Automotive, a British aftermarket specialist. The acquisition was revealed in the end of January 2019. The acquisition will allow Osram to expand its product range in the automotive sector to include more automotive electronics and accessories. After approval by the British Competitors and Market Authority (CMA) for the takeover of Ring Automotive by Osram, the partnership between the companies will officially start in May. The common goal is to respond faster and better to new trends and challenges in the cons...
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2019-04-19

Automotive LED Lighting to Take off with Smart Applications

Despite that the global automotive sales have slowed down in the past year due to the trade dispute and overall market decline, the demands for luxury automobiles in China and the increasing new energy (NEV) car market still bring up the penetration rate of LED in the automotive market. LEDinside sees that the market share of LED headlight and its market value will expand gradually as the price of high-power LED falls. LEDs are also adopted by other exterior lights including direction indicators and tail lights for delivering smart functions such signal projection and ...
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2019-04-11

Osram Joins Micro LED Project to Develop Transparent Automotive Display Applications

Osram Opto Semiconductors announced that it joined a project, SmartVIZ, which aims to explore the principles of high-resolution visualization solutions using Micro LEDs. Focusing on automotive interior applications, the Micro LED project expects to present initial demonstration by October 2021. The purpose of the SmartVIZ project is to provide research basis for future transparent, high-resolution, direct-emitting visualization solutions with Micro LED technologies. Osram will partner with ASM AMICRA and Fraunhofer IISB to carry out researches focu...
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2019-03-29

Osram Announces Profit Warning and Lowers Its 2019 Forecast

On its way of transforming to a high-tech photonic company, Osram has been challenged by the weakening global market. The German company adjusted its annual forecast for fiscal year 2019 which ends by September 30, 2019. Osram said the revenue of fiscal 2019 is expected to decline between 11 and 14 percent while the previous forecast was a revenue growth between 0 and 3 percent. The company also lowered is the range of its adjusted EBITDA margin to eight and ten percent from 12 to 14 percent. In addition, Osram expects a negative free cash flow between EUR 50 million t...
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Natural colour rendering of Optisolis™ LEDs lets visitors experience artwork as the artist intended without degrading the work. Tokushima, Japan – 23 July 2019: Nichia Corporation, the leader in high brightness LED technologies, an... READ MORE

TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE