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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To bring advertising to life along major roadways in Dubai, United Arab Emirates, Daktronics has partnered with Al Arabia Out Of Home, LLC, to manufacture and deliver 10 LED displays on skybridges above roadways. The project was completed late... READ MORE

The future is right in front of our eyes: lighter, sleeker, and smarter than ever before. Smart glasses is no longer a distant vision; it is on the verge of becoming as natural to us as the smartphone is today. But turning this vision into rea... READ MORE