2024-05-08

ams OSRAM sells Passive Optical Components assets to Focuslight Technologies Inc. for EUR 45 million in cash

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange ------------------------------------------------------- Sale of relevant Passive Optical Components assets Sales price of EUR 45m in cash Transaction expected to close in third quarter 2024 Premstaetten, Austria, and Munich, Germany (May 7th, 2024) -- ams OSRAM (SIX: AMS) sells relevant Passive Optical Components assets to Focuslight Technologies Inc. for EUR 45 million in cash. “With our strategic efficiency program ‘Re-establish the Ba...
Continue reading
As automotive design continues to evolve, the demand for sleek, distinctive front lighting has never been greater. Thin, continuous light lines are becoming a defining element of vehicle identity, balancing aesthetics with functionality. In re... READ MORE
Silanna UV’s Ultraviolet LEDs effectively inactivate multiple H5N1 avian influenza virus strains within seconds, according to recent research by scientists at the University of Siena. The research showed strong viral reduction of up to 9... READ MORE