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Osram to Acquires LED Engin

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Lighting manufacturer Osram Licht AG has agreed to acquire solid-state lighting solutions developer LED Engin Inc. “LED Engin opens up new opportunities for us to offer our customers tailored specialty lighting solutions,” said Hans-Joachim Schwabe, CEO of Osram’s specialty lighting business unit. “LED Engin products are suitable for a variety of specialty applications, making them an ideal addition to our portfolio.” LED Engin will be integrated into the professional and industrial applications section of the business unit. The company employs 30...Read full article

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