Flexible Electronics News

Osram Initiates Sale of its Luminaires Business

Osram continues to focus on high-growth future markets.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The management board of Osram has decided to divest its luminaires business. Talks will be held with interested parties for the luminaires business.   “Thanks to numerous measures, the earnings position of the Lighting Solutions business unit has stabilized significantly, therefore allowing us to initiate an organized sales process. This will result in a more strategic focus with regards to applications with high growth potential,“ said Olaf Berlien, CEO of OSRAM Licht AG.   As part of its s...

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