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Osram Fully Acquires Encelium Technologies

Siemens AG's (SI) light manufacturer Osram AG said Wednesday it has signed an agreement to gain full control of Encelium Technologies, as it aims to enhance its position in LED based technologies and Light Management Systems. Encelium, headquartered in Teaneck, N.J., is a leading software technology development company focusing on advanced lighting control and energy management systems for commercial and industrial buildings; it employs approximately 70 people in the United States and Canada. No financial details were disclosed.

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