Osram Sell Siteco Luminaries
Osram has found a new owner for the Siteco luminaires business in Stern Stewart Capital. Stern Stewart Capital intends to continue the current transformation approach. Separation from Osram gives Siteco entrepreneurial freedom. The cost situation is also improved with the elimination of previous Group structures. With the sale of... Read more
Zumtobel Group Partners With Technology Innovator Casambi For Wireless Lighting Control Solutions
The strategic partnership ensures an extensive new range of Thorn and Zumtobel luminaires offering seamless control to users via Casambi’s BLE software control platform. Furthermore, a series of Tridonic drivers is now also ‘Casambi-Ready’, allowing luminaire manufacturers to easily integrate wireless controls within their products to reduce cost and... Read more
Osram Discloses Figures For The Second Quarter
Osram’s performance in the second fiscal quarter was as expected. Revenue on a comparable basis fell by 13.5 percent to 862 million euros in the period from January to the end of March. The adjusted EBITDA margin was 8.1 percent. As announced at that time, the decline was due... Read more
Signify Acquires Hong Kong Based WiZ Connected
Signify has agreed to acquire WiZ Connected, developers of the WiZ Wi-Fi-based connected lighting ecosystem. The addition of WiZ enables Signify to extend its potential in connectivity by stepping into the Wi-Fi-based smart lighting market. “We are very pleased to join forces with the teams of WiZ Connected who... Read more
Lionel Brunet Elected President Of LightingEurope
The LightingEurope Executive Board has elected Mr Lionel Brunet as President of LightingEurope, for a 2 years term. Mr Brunet is the CEO of the French lighting trade association “Syndicat de l’Éclairage” since 2013, and previously had a long international career in the chemicals and mechanical industries, and a... Read more