OSRAM AG

Osram appoints Ingo Bank as CEO to 2023

Osram has appointed Ingo Bank as CEO until the end of April, 2023. As announced, he will assume the role…

LeddarTech and Osram ink agreement

LeddarTech and Osram have entered into a long-term agreement. LeddarTech will provide its LiDAR hardware and software components into Osram's Percept…

EC gives green light for Osram acquisition by AMS

European Commission authorities have unconditionally approved the proposed acquisition of Osram by AMS through the EU Merger Regulation. The Commission…

Osram appoints Kathrin Dahnke as board member

Osram has appointed Kathrin Dahnke as a member of the management board, responsible for finance. Dahnke was most recently a…

Osram raises savings target to EUR300m by 2022

Osram is increasing its savings target from EUR220m (US$283m) to EUR300m by 2022. The cumulative impact of several individually-led programmes across…

Osram recommends takeover by Ams

Osram has concluded a business combination agreement with Ams and recommends its shareholders accept the current takeover offer.  "After intensive negotiations,…

Osram supports offer from bidding consortium

Osram's board is supporting an offer for the supplier from a bidding consortium of Bain Capital and The Carlyle Group.…

Osram sells Slyvania Lighting to Wesco International

Osram has sold its North American service business, Sylvania Lighting Solutions to Wesco International. Supply chain services provider, Wesco, will…

Osram develops new smart LED for in-car lighting

Osram says it has developed a 'new smart LED for in-car lighting' that anticipates autonomous vehicles. As developments continue toward…

Osram and Continental agree lighting joint venture

Osram and Continental have agreed a joint venture, in which each has a 50% stake, to combine respective expertise in…