Osram starts divesting digital lighting
The long-anticipated dismantling of Osram’s smart lighting operations appears to have begun, as outgoing CEO Olaf Berlien said the company is selling a portion of its Digital division and indicated that a broader sale could follow as Osram focuses increasingly on chip-level operations under new owner ams.
The divestiture could eventually include Lightelligence, the centerpiece of Osram’s fading Internet of Things (IoT) lighting initiative.
Osram looks intent on retaining horticultural lighting, led by the profitable Fluence by Osram, based in Austin, TX.
The divestiture could eventually include Lightelligence, the centerpiece of Osram’s fading Internet of Things (IoT) lighting initiative.
Osram looks intent on retaining horticultural lighting, led by the profitable Fluence by Osram, based in Austin, TX.
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