On May 2, 2019, OSRAM announced the completion of the acquisition of British automotive aftermarket specialist Ring Automotive. The acquisition of Ring Automotive will drive OSRAM to expand its range of products in the automotive sector, including more automotive electronics and accessories. After the acquisition is approved by the UK Competitor and Market Authority CMA, the partnership between the two companies will officially begin in May.
Related Posts

Revolution Lighting Chief Financial Officer resigns
Revolution Lighting announced that James DePalma, the company’s director and chief financial officer, resigned for personal reasons and took effect on May 2, 2019. In addition, he suggested that the company would be assisted in transitioning to the new CFO if needed. He also... read more

American business house company H. E. Williams acquires Platformatics.
American commercial lighting company H. E. Williams, Inc. is pleased to announce the acquisition of Platformatics, Inc., a US-based network-based systems provider. E. Williams, Inc. is a third-generation family-owned company founded in 1921. Lighting products are widely used in education, healthcare facilities, hotels, corporate and... read more

Honda Acura will recall more than 360,000 MDX models due to taillights.
According to relevant media reports: Honda’s luxury brand Acura (Acura) is recalling more than 360,000 SUVs worldwide because water can enter the taillights and darken the taillights. The recall is mainly in North America and covers the Acura MDX from 2014 to 2019. According to... read more

Samsung SDS teamed up with Telenas to develop a smart streetlight project
South Korea’s Samsung’s digital division SDS and British smart streetlight and Internet of Things (IoT) data acquisition system developer Telessa announced that the two sides are cooperating on smart city projects. This is the first collaboration between Samsung SDS and Telessa. The two companies are... read more

Notre Dame fire warning: How is the ancient building lighting fireproof?
On the evening of April 15th, the Notre Dame de Paris fire broke out, and the famous spire collapsed in the fire. On the 16th, the French fire department announced that the fire of Notre Dame has been extinguished and is currently in the... read more

NVC Lighting negotiates to sell most of China’s business.
NVC Lighting announced that it is negotiating with potential investors to sell most of its China operations. The announcement shows that the company is conducting a strategic assessment of its business in China and is negotiating with a limited number of potential investors to sell... read more

US lighting giant LSI sells New York plant and expects to complete trading by the end of June
According to US reporters, Ohio lighting manufacturer LSI Industries Inc. (LYTS.US) has found buyers for its New York plant and expects to complete the sale by June 30. LSI expects to receive a total revenue of $12 million and an annual cost savings of... read more

Luminus launches 11 high-power IR LEDs.
Recently, Luminus Devices of the United States expanded its high-power IR LED product portfolio, including 11 transmitters, to meet the rapid expansion of automotive, consumer, machine vision, medical and security applications. Luminus IR SST LEDs are now available in three wavelengths – 810nm, 850nm and... read more

Cree becomes the sole partner of the Volkswagen Group FAST project SiC.
CREE is the exclusive partner of SiC Silicon Carbide for the Volkswagen Group’s FAST (Future Automotive Supply Tracks) project. FAST’s goal is to advance collaboration, implement technology innovation more quickly than ever, and implement global automotive projects more efficiently and effectively. Mr. Michael Baecker, head... read more

To create a smart city, Canberra connects all street lights to the cloud.
To create a smart city, the Australian capital Canberra will connect all street lights to the cloud and become Australia’s largest independent smart city project. The agency responsible for infrastructure is the Canberra Transport and Urban Services Department (TCCS), which has introduced two technology companies... read more