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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Macroblock and Juxin Optoelectronics successfully held 2026 LED Display Symposium at the Shenzhen Marriott Hotel. In addition to the main-stage sessions, which focused on display industry trends and technology sharing, the exhibition area feature... READ MORE

Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE