Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Ledvance Sold to Chinese Consortium

Photonics Spectra
May 2017
Light manufacturer Osram Licht AG has sold Ledvance GmbH, a developer of light products, to a Chinese consortium consisting of IDG Capital, MLS Co. Ltd. and financial investor Yiwu State-Owned Assets Operation Center.

With the sale, Osram aims to implement its three-pillar strategy focused on specialty lighting, lighting solutions and opto-semiconductors. Ledvance develops both traditional light sources and modern LED lamps, standardized luminaires and intelligent, networked solutions for the home.

In connection with the transaction, Osram and MLS have also signed a letter of intent under which MLS may purchase LED chips from the new Osram plant in Kulim, Malaysia.

Osram provides lighting solutions for diverse applications ranging from virtual reality, autonomous driving and mobile phones to smart lighting for buildings and cities.

BusinessLEDslight sourcesindustrialOsram LichtLedvanceIDG CapitalMLSYiwu State-Owned Assets Operation Centerlight developerEuropelight speed

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.