Flexible Electronics News

ams OSRAM to Sell Traxon Technologies to Prosperity Group

Prosperity Group is a privately-owned lighting company headquartered in Hong Kong.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ams OSRAM announced that an agreement has been reached to sell the Traxon Technologies business, including the benchmark dynamic lighting controls e:cue, to Prosperity Group, a privately-owned lighting company headquartered in Hong Kong. Prosperity Group is a modern conglomerate deep-rooted in the lighting industry with investments and operations across diversified business sectors in global markets and a long-term partner to ams OSRAM and OSRAM for more than 40 years. The transaction is subj...

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