Osram has agreed to acquire U.S.-based LED Engin Inc. in San Jose, California. The company has approximately 30 employees and annual sales of around USD 10 million. LED Engin specializes in ultra-bright, ultra-compact 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.