2016-07-12
Osram’s U.S. branch announced on Twitter recently it kickstarted a social media channel for its separate lighting business entity LEDVANCE.
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2016-04-07
German lighting giant Osram’s spin-off of its lamps business into LEDVANCE has completed organizational separation as of April 1, 2016, while the legal separation is scheduled in July 1, 2016. Many lighting vendors have been competing for a chunk of Osram’s lamp business, which LEDinside projects details of the acquisition transaction will become clearer from late April to late May 2016, including the offered price from various bidders, developments of vendors granted priority rights, and other conditions involved in the talks of the separation of LEDvance. Besides weighing in on the potential acquisitor of the lamp business and conditions under the procurement, the deal is under the lime light of the entire lighting and LED business.
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