2019-09-26

Osram Bidding War Goes on with Bain and Advent to Raise Takeover Offer

Osram announced on September 25 that “the courtship” of the company continues as Bain Capitan and its new partner, Advent, are in talk with Osram with its willingness to make a new takeover for the German high tech company, confronting sensor maker AMS. According to Osram, the consortium of Advent and Bain Capital has indicated that “it may offer a ‘meaningful’ premium over the current offer from AMS of EUR 38.50 (US$42.14) per share.” The new bidders also said that their binding offer will be superior not only in terms of price ...
Continue reading

Daktronics of Brookings, South Dakota, has partnered with the American Association of Professional Baseball (AAPB) as its official video display and control equipment provider to bring education and professional sports together. “This pa... READ MORE

As Nichia marks the key milestones of 70 years in business and 30 years since pioneering the white LED, its European division has organized a two-day, invite-only Innovation Gallery. Held on 10 and 11 March at Bernhard Knaus Fine Art, a presti... READ MORE