2022-05-10

Plastic Omnium acquires Varroc's Automotive Lighting Systems business and creates an integrated lighting player enabling differentiating solutions for exterior systems

•       Plastic Omnium’s strategic roadmap execution gathers pace with new lighting activity o Plastic Omnium to acquire Varroc Lighting Systems (VLS), a key Tier 1 automotive lighting supplier with sales of c.€0.8bn in 2021, for an enterprise value of €600m paid for in cash  o   Creation of a new strategic lighting division in 2022 with revenue of c. €1bn[1], combining AMLS (ams OSRAM Automotive Lighting Systems) and VLS  •       Plastic Omnium...
Continue reading

With the rise of streaming services and endorsements from the Hollywood movie industry, an increasing number of movies, TV series, and documentary concert films are being produced using Virtual Production (VP) and Extended Reality (XR) technol... READ MORE

A tiny Chip LED from ams OSRAM offers higher brightness, making it simply ideal for integration into everyday devices such as in-ear headphones or smart rings The enhanced Chip LED from ams OSRAM delivers higher brightness—while taking u... READ MORE