2019-10-05

AMS Fails to Takeover Osram but Aims to Continue Acquisition

AMS failed to complete its Osram takeover plan despite that it has raised the bid to EUR 4.5 billion (US$ 4.9 billion) with the price of EUR 41 (US$ 45) per share. However, the sensor maker said that it will continue pursuing the acquisition of Osram. AMS reported on October 4 that it did not reach the minimum acceptance threshold of 62.5% required for completing Osram takeover. Instead, the final acceptances level was 51.6% including its direct shareholding of 20%, making AMS the current largest shareholder of Osram. The sensor company, however, still sees...
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2019-10-03

Major Micro LED Application Trends Focused by Worldwide Industry Players

Micro LED technology is on its way to take off with various applications launched by leading companies across the world. Small size displays for wearable products, middle size display for automotive applications and extra-large TVs are the three major areas targeted by current Micro LED players according to their strategies of Micro LED technology. LEDinside observed several roadmaps of Micro LED technology developments of different leading companies in the field. Luxury Micro LED TVs Since Micro LED technology still faces the challenge of high pro...
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2019-10-03

AMS to Reveal the Result of Osram Takeover after Offer Price Increased

AMS is going to announce the result of Osram’s takeover bid on October 3 after it reported that it is holding 19.99% of all Osram shares on October 1 as a direct shareholding, before the offer expired at midnight. The sensor maker targeted for a minimum of 62.5% shareholding to win the bid against Bain and Advent. The consortium of Bain Capital and Advent reported their interests of joining the bidding with a better offer on September 26, which pushed AMS to raise its offer price from EUR 38.5 (US$ 42.17) per share to EUR 41 (US$ 44.91) on September 27...
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2019-09-27

The World's Largest Airport in Beijing Lit with Osram’s Connected Lighting Solutions

Beijing Daxing International Airport in China will officially open on September 30. The world’s largest airport covers a total of 1.4 million square meters and is expected to handle more than 100 million passengers per year. Osram’s connected green lighting solution invigorates this mega structure by giving it a light-filled and people-centric indoor space. (Image: Osram) Osram has installed over 1,300 LED luminaires controlled intelligently by a central system. Smart lighting from Osram provides pleasant bright light at all times of the day and is particula...
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2019-09-26

Osram Bidding War Goes on with Bain and Advent to Raise Takeover Offer

Osram announced on September 25 that “the courtship” of the company continues as Bain Capitan and its new partner, Advent, are in talk with Osram with its willingness to make a new takeover for the German high tech company, confronting sensor maker AMS. According to Osram, the consortium of Advent and Bain Capital has indicated that “it may offer a ‘meaningful’ premium over the current offer from AMS of EUR 38.50 (US$42.14) per share.” The new bidders also said that their binding offer will be superior not only in terms of price ...
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2019-09-25

Osram Explains How Vertical Farming with LED Lighting Offers Urban Areas Access to Better Produce

As population in urban areas across the world continues to grow, it is estimated that by 2050, 68 percent of the world population will live in cities. This demographic shift will lead to increased demand for food within cities, adding strain to the agricultural and food systems, particularly in developing countries. Urban agriculture, or urban farming, has long been viewed as an innovative component in diversifying the food system. A 2018 study of urban agriculture’s global potential found that fully implemented urban farms around the world could produce as much as 180 million m...
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2019-09-25

Osram Debuts New LiDAR Lasers Allowing Autonomous Vehicles to “See”

LiDAR is considered the critical component for advanced autonomous driving technology. Osram, as a specialist of infrared laser development and production, introduced two new infrared high-power SMT components for LiDAR applications extend options for system developers. The German high-tech company launched the world's first AEC-Q102 qualified four-channel and single-channel pulse laser. The two new products offer a convincing performance of 125 Watt per channel and an efficiency of up to 33 percent. (Image: Osram) The requirements for safety systems in (s...
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2019-09-23

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. The German high-tech company Osram, as one of the leading automotive LED producers, announced that it is starting a new chapter in multi-pixel solutions for car headlights. Osram released the idea of the first hybrid LED "Eviyos" two years ago and is progressing the second generation of Eviyos featuring 25,600 pixels on a single LED chip, with pixel pitch of 40 µm. According to Osra...
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2019-09-23

Osram Files Patent Complaint against Lighting Science Group and Its Subsidiary Healthe

Osram reported that it has filed a patent infringement complaint in the District Court of Delaware in the U.S. against Lighting Science Group (LSG) and its subsidiary Healthe. In its complaint, Osram asserts 8 patents (U.S. Patent Nos. 6,848,819, 7,045,956, 7,227,191, 7,642,734, 7,957,146, 7,994,519, 9,241,392, and 9,698,282) covering LED lighting solutions, systems and their components. According to Osram, the company is currently defending itself in two proceedings at the U.S. International Trade Commission (ITC) and the United States District Co...
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2019-09-18

Osram Releases Infrared LEDs for Face Recognition in Smartwatches

Osram is expanding its photonics portfolio by adding two infrared LEDs for biometric identification in smartwatches. The new infrared LEDs of Osram, SFH 4170S and SFH 4180S, are designed to meet the requirement of smart wearable products with their compact size. The dimensions of the specially developed Oslon P1616 package (1.6 mm x 1.6 mm x 0.85 mm) make the SFH 4170S and SFH 4180S the smallest Osram components for biometric applications. Compared to similar products today, the two IREDs require about 50 percent less space. (Image: Osram) Despit...
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2019-09-17

Osram Board Support AMS Offer while Union against the Takeover

After AMS confirmed the takeover offer of Osram, the German lighting company is facing internal conflicts regarding the acquisition. The Austrian sensor company published a public takeover offer of EUR 38.50 per share to acquire Osram. The German company announced yesterday (September 16) that its Executive Board and the majority of its Supervisory Board recommended the shareholders to accept the offer from “a financial point of view.” However, employee representatives of Osram oppose the takeover offer with the concern of potential job losses as AMS ...
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2019-09-10

InnoLas Solutions Partners Osram for Automotive Laser Light Development

InnoLas Solutions, the laser processing equipment provider, reported that it has participated in a development project with the Osram to create new laser diodes for automotive lighting. Laser diode based car light can deliver powerful light output with a range of up to 600 m with very compact dimensions while being compact and even smaller than before. LINEXO, the versatile laser processing workstation which InnoLas build a special laser system, helped to reach the required tolerances in this special automotive project. “We are more than happy with the supplied lase...
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2019-09-09

Osram Explains the Importance of Smart Lighting and Building Management System Integration

Most facility managers today are using building management systems (BMS), also known as building automation control systems (BACS), to control and monitor some of their buildings’ mechanical and electrical equipment such as heating, ventilation, air conditioning (HVAC), and safety and security systems. However, the lighting system has remained separate from the BMS for some buildings, which is viewed as an opportunity loss for lighting technology providers. Osram, for example, considers that further optimization of energy usage and operations through lighting system an...
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2019-09-05

Osram Shareholders to Decide on AMS’ Takeover Offer before October 2019

After Osram agreed to waive the standstill agreement with AMS, the Austrian company made a counter offer with the price of EUR 38.5 per share in cash to take over the German firm on September 3, 2019. Shareholders of Osram have an acceptance period until October 2019 to decide on the acquisition plan. The offer of AMS raised a bidding war with Bain Capital and The Carlyle Group, who proposed a takeover offer of EUR 35 per share to acquire Osram. AMS underlined that “our offer and the combination of Osram and AMS represents a better option to all sta...
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2019-08-27

Strategies of Global LED Manufacturers during Challenging Time in the Industry [Part 2]

Facing the difficulties in the industry, global LED companies developed their strategies trying to keep their business prospering. LEDinside analyzed the different approaches of worldwide LED manufacturers. For Taiwanese LED manufacturers, Micro LED and Mini LED technologies have directed them into a new field where they have a better chance to rival with competitors from China and Korea. Korean and Japanese LED suppliers, on the other hand, target niche products for novel applications such as UV LEDs and LEDs with wavelengths that are similar to natu...
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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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Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE