2019-02-14

Osram Confirms the Buyout Rumors and in Discussion with Bain Capital and Carlyle Group

Osram announced a confirmation about the possible buyout by Bain Capital and Carlyle Group and revealed that it is engaged in detailed discussions with the interested parties. After Osram reported its declined business performance in the first quarter of fiscal 2019 and said it has “taken a number of measures to improve revenue and returns,” the Germany company confirmed the market rumors that Bain Capital and Carlyle Group are eyeing the buyout of Osram. In November 2018, Bloomberg reported that the U.S.-based Bain Capital has been considering acquiri...
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Daktronics of Brookings, South Dakota, in conjunction with AV integrator Auviso, has manufactured and delivered a high-resolution dvLED display for “Railway Experience Switzerland,” a new rail hall in Luzern, Switzerland. The proje... READ MORE

Signify, the world leader in lighting, today announced a new range Philips Hue smart lighting innovations, designed to give users more ways to personalize and control lighting throughout their homes. The latest additions include wired switches... READ MORE