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2018-05-07

Osram Buys Fluence Bioengineering to Upgrade Its Digital Farming Solutions

Osram is taking the next step in its development of intelligent plant growth solutions by acquiring Fluence Bioengineering, Inc. of Austin, Texas. Fluence specializes in LED-based horticultural systems, using Osram LED chips, for a wide variety of applications including vertical farming, especially in urban areas. Potential crops range from salad greens and herbs to medicinal plants. Osram and Fluence have agreed not to disclose the purchase price.

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