Magna acquires Olsa-LEDinside

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2018-07-03

Magna Buys Olsa and Expands Lighting Business

Canadian automotive components supplier, Magna, announced that the company has signed a deal to buy Olsa S.p.A, an Italian automotive lighting producer for approximately 230 million euros. The acquisition will extend Magna’s capability of producing lighting product from designing to manufacturing.

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Lighting is stepping out of the background and into the spotlight as Philips Smart Lighting expands its Wi-Fi-based smart lighting portfolio. The new products are designed to help people shape spaces that reflect their mood, personality... READ MORE

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Philips Hue and Philips Smart Lighting (connected by WiZ) - part of Signify, the world leader in lighting - have announced the launch of Sports Live, a new software available during the Championship 2026. Sports Live uses live match data to tr... READ MORE

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