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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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE