Osram buys US specialty lighting business
Osram has agreed to acquire US-based LED Engin.
The company, based in San Jose, California, has approximately 30 employees and annual sales of around US$10 million.
LED Engin specialises in ultrabright, ultracompact solid-state lighting solutions for variety of specialty markets including entertainment lighting, ultraviolet, horticulture, tunable white and medical lighting applications. Its products mainly incorporate LED chips from Osram Opto Semiconductors. “LED Engin opens up new opportunities for us to offer our customers tailored specialty lighting solutions. LED Engin products are suitable for a variety of specialty applications, making them an ideal addition to our portfolio,” said Hans-Joachim Schwabe, CEO of Osram’s Specialty Lighting (SP) business unit.
LED Engin will be integrated into the professional and industrial applications section of the SP business unit. Their products are used in applications where powerful, compact LED light sources or special customised LEDs are required, for example to light restaurants, shops, museums, and galleries.
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