2015-04-30

Osram Board Approves Splitting Lighting Business, 2Q15 Earnings Stable

Osram is systematically tackling its realignment. At yesterday’s meeting, the supervisory board of OSRAM Licht gave the green light for a mandate to examine the carve-out of the general lighting lamps business. As an independent entity, the business could operate more freely on the market and realize strategic options, such as for example partnerships, more easily. The businesses with opto semiconductors, automotive and specialty lighting as well as luminaires, lighting systems and solutions would as a result form the future core business of Osram. With this move, the company will increase its focus on growth, innovation and technology leadership and addresses the different dynamics and requirements in the changing lighting market.
Continue reading
LEDVANCE, a global leader in lighting solutions, is expanding its partnership with the German football club Bayer 04 Leverkusen. Building on the successful upgrade of the stadium's floodlighting, the club is now relying on LEDVANCE’s... READ MORE

The world’s attention turns to the game as the 2026 FIFA World Cup, jointly hosted by the United States, Canada, and Mexico, delivers one of the most anticipated sporting spectacles in history. Forty-eight national teams are competing ac... READ MORE