2022-07-05

ams OSRAM announces the closing of the sale of the AMLS business to Plastic Omnium

Premstaetten, Austria and Munich, Germany (1 July 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces the closing of the sale of the AMLS (Automotive Lighting Systems) business to Plastic Omnium (Euronext: POM). ams OSRAM will continue to be a key supplier of automotive LED and optical components to Plastic Omnium.   AMLS was established on 1 October 2021 following the dissolution of the OSRAM Continental joint venture. AMLS combines lighting technology with electronics and software to develop...
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2022-03-28

ams OSRAM signs agreement to sell the AMLS business to Plastic Omnium

Premstaetten, Austria (25 March 2022) – ams OSRAM (SIX: AMS), a global leader in optical solutions, announced the agreement to sell the independent and dedicated AMLS (Automo-tive Lighting Systems GmbH) business to Plastic Omnium (Euronext: POM) for a purchase price of EUR 65 million. The transaction represents a further step in the implementation of ams OSRAM’s previously communicated strategy to focus on dedicated strategic core tech-nology and divesting businesses that are not seen as core to the corporate strategy. ams OSRAM will con...
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Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Illinois against Promier Products and Tractor Supply. The laws... READ MORE

Instrument Systems introduces the STA Stand‑Alone Screen Photometer — a modular, vehicle‑based measurement solution that combines the LumiCam 4000B imaging luminance camera with the new ACS 635 calibration source to deliver fast, high‑re... READ MORE