2024-05-08

ams OSRAM sells Passive Optical Components assets to Focuslight Technologies Inc. for EUR 45 million in cash

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange ------------------------------------------------------- Sale of relevant Passive Optical Components assets Sales price of EUR 45m in cash Transaction expected to close in third quarter 2024 Premstaetten, Austria, and Munich, Germany (May 7th, 2024) -- ams OSRAM (SIX: AMS) sells relevant Passive Optical Components assets to Focuslight Technologies Inc. for EUR 45 million in cash. “With our strategic efficiency program ‘Re-establish the Ba...
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For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE

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