2016-07-27

MLS to Implement Dual Brand Strategy after Chinese Consortium’s Acquisition of LEDVANCE

Osram announced Tuesday the sale of its general lighting lamp business, LEDVANCE, to a Chinese investment consortium headed by strategic investor IDG for EUR 400 million (US $439.58 million), Chinese leading LED package manufacturer MLS was named among a key member of the consortium, as well as financial investor Yiwu.
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Daktronics (NASDAQ: DAKT), the leading U.S.-based designer and manufacturer of dynamic video communication displays and control systems for customers worldwide, today announced the acquisition of the intellectual property (IP), equipment asset... READ MORE

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