2019-10-21

AMS Launches New Takeover Offer to Osram with Same Price and Lower Acceptance Rate

AMS re-approached Osram with a new bidding offer launched on October 18. With the new offer, the Austrian company aims to acquire Osram with a price of EUR 41 (US$ 46) per share with the minimum acceptance rate of 55%. The sensor maker failed the first attempt to takeover Osram in the beginning of October as it did not reach the minimum acceptance threshold of 62.5%. Within two weeks, AMS keeps its words of continuing the acquisition plan and proposed the new offer with the same price of EUR 41 per share but a lower acceptance rate of 55%. The offer values Osram w...
Continue reading

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE

Nichia, a global leader in LED and laser diode technology, will present a broad portfolio of automotive technologies at SIA VISION 2026, taking place on September 23–24 at Les Pyramides in Le Port-Marly, France. On Stand 36, Nichia plans... READ MORE