Modular Light Engines

German merger and acquisition law grants control of cash to the acquirer only if it picks up at least 75% of the target company’s stock. At 59.3%, ams governs Osram, but doesn’t control the cash. (Photo credit: Image by Helmut Jungclaus via Pixabay; used under free license for commercial or noncommercial purposes.)
German merger and acquisition law grants control of cash to the acquirer only if it picks up at least 75% of the target company’s stock. At 59.3%, ams governs Osram, but doesn’t control the cash. (Photo credit: Image by Helmut Jungclaus via Pixabay; used under free license for commercial or noncommercial purposes.)
German merger and acquisition law grants control of cash to the acquirer only if it picks up at least 75% of the target company’s stock. At 59.3%, ams governs Osram, but doesn’t control the cash. (Photo credit: Image by Helmut Jungclaus via Pixabay; used under free license for commercial or noncommercial purposes.)
German merger and acquisition law grants control of cash to the acquirer only if it picks up at least 75% of the target company’s stock. At 59.3%, ams governs Osram, but doesn’t control the cash. (Photo credit: Image by Helmut Jungclaus via Pixabay; used under free license for commercial or noncommercial purposes.)
German merger and acquisition law grants control of cash to the acquirer only if it picks up at least 75% of the target company’s stock. At 59.3%, ams governs Osram, but doesn’t control the cash. (Photo credit: Image by Helmut Jungclaus via Pixabay; used under free license for commercial or noncommercial purposes.)
LEDs & SSL Design

AMS’ acquisition of just-enough Osram shares leaves it needing more for true control

Dec. 10, 2019
At 59.3%, the Austrian sensor maker gained governance of Osram, but it did not gain control of the cash. No wonder ams is trying to buy more. It also faces a rankled Osram workforce...
Back in January, CEO Olaf Berlien and Osram were celebrating their illumination of St. Peter’s Basilica in Rome. But they were already beginning to shift greater emphasis onto photonics, a change which could accelerate with the acquisition by ams. (Photo credit: Image courtesy of Mark Halper.)
Back in January, CEO Olaf Berlien and Osram were celebrating their illumination of St. Peter’s Basilica in Rome. But they were already beginning to shift greater emphasis onto photonics, a change which could accelerate with the acquisition by ams. (Photo credit: Image courtesy of Mark Halper.)
Back in January, CEO Olaf Berlien and Osram were celebrating their illumination of St. Peter’s Basilica in Rome. But they were already beginning to shift greater emphasis onto photonics, a change which could accelerate with the acquisition by ams. (Photo credit: Image courtesy of Mark Halper.)
Back in January, CEO Olaf Berlien and Osram were celebrating their illumination of St. Peter’s Basilica in Rome. But they were already beginning to shift greater emphasis onto photonics, a change which could accelerate with the acquisition by ams. (Photo credit: Image courtesy of Mark Halper.)
Back in January, CEO Olaf Berlien and Osram were celebrating their illumination of St. Peter’s Basilica in Rome. But they were already beginning to shift greater emphasis onto photonics, a change which could accelerate with the acquisition by ams. (Photo credit: Image courtesy of Mark Halper.)
LEDs & SSL Design

AMS acquires Osram

Dec. 9, 2019
In a dramatic race to the finish line, the Austrian sensor company gets enough shares to take over the world’s second-largest lighting company, approvals pending.
Office installations like this one outfitted by Circadian Light can operate with greater lumens per watt now that Circadian has replaced its violet chip with a different violet chip that is twice as efficient. (Photo credit: Image courtesy of Circadian Light.)
Office installations like this one outfitted by Circadian Light can operate with greater lumens per watt now that Circadian has replaced its violet chip with a different violet chip that is twice as efficient. (Photo credit: Image courtesy of Circadian Light.)
Office installations like this one outfitted by Circadian Light can operate with greater lumens per watt now that Circadian has replaced its violet chip with a different violet chip that is twice as efficient. (Photo credit: Image courtesy of Circadian Light.)
Office installations like this one outfitted by Circadian Light can operate with greater lumens per watt now that Circadian has replaced its violet chip with a different violet chip that is twice as efficient. (Photo credit: Image courtesy of Circadian Light.)
Office installations like this one outfitted by Circadian Light can operate with greater lumens per watt now that Circadian has replaced its violet chip with a different violet chip that is twice as efficient. (Photo credit: Image courtesy of Circadian Light.)
Lighting for Health & Wellbeing

Circadian doubles the efficacy of its nighttime blue-free engine, signs Acuity to use it

Dec. 5, 2019
The human-centric lighting specialist has parted ways with Plessey to find a more efficient violet chip.
Photo credit: Image by Pete Linforth via Pixabay; used under free license for commercial or noncommercial purposes.
Photo credit: Image by Pete Linforth via Pixabay; used under free license for commercial or noncommercial purposes.
Photo credit: Image by Pete Linforth via Pixabay; used under free license for commercial or noncommercial purposes.
Photo credit: Image by Pete Linforth via Pixabay; used under free license for commercial or noncommercial purposes.
Photo credit: Image by Pete Linforth via Pixabay; used under free license for commercial or noncommercial purposes.
LEDs & SSL Design

Osram endorses latest ams takeover offer as 2019 losses mount

Nov. 12, 2019
CEO Berlien now intends to sell his shares. The future of IoT remains in the balance, but horticultural looks likely to stay.
Business has picked up recently for ams, which supplies sensors to smartphone makers including to Apple for the iPhone 11. (Photo credit: Image by aixklusiv via Pixabay; used under Pixabay free license for commercial/editorial purposes.)
Business has picked up recently for ams, which supplies sensors to smartphone makers including to Apple for the iPhone 11. (Photo credit: Image by aixklusiv via Pixabay; used under Pixabay free license for commercial/editorial purposes.)
Business has picked up recently for ams, which supplies sensors to smartphone makers including to Apple for the iPhone 11. (Photo credit: Image by aixklusiv via Pixabay; used under Pixabay free license for commercial/editorial purposes.)
Business has picked up recently for ams, which supplies sensors to smartphone makers including to Apple for the iPhone 11. (Photo credit: Image by aixklusiv via Pixabay; used under Pixabay free license for commercial/editorial purposes.)
Business has picked up recently for ams, which supplies sensors to smartphone makers including to Apple for the iPhone 11. (Photo credit: Image by aixklusiv via Pixabay; used under Pixabay free license for commercial/editorial purposes.)
LEDs & SSL Design

AMS pushes on, making a more lenient offer for Osram

Oct. 22, 2019
The Austrian sensor company launches an altogether new bid that lowers its minimum ownership stake to 55%, while keeping its price steady.