EQS-News: ams-OSRAM AG / Key word(s): Mergers & Acquisitions
ams OSRAM announces the closing of the sale of the Fluence horticulture lighting systems business to Signify
Premstaetten, Austria and Munich, Germany (2 May 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces the closing of the sale of the Fluence horticulture lighting systems business to Signify (EURONEXT: LIGHT). Fluence is a leading global provider of energy-efficient LED lighting system solutions for the horticultural industry and a pioneer in creating white light that mimics the spectrum of sunlight.
As an industry leader in horticulture LED for professional top lighting, inter lighting and vertical farming applications, ams OSRAM will continue to provide advanced LED solutions for horticulture lighting and will remain a strategic supplier to Signify for horticulture applications. ams OSRAM has a broad portfolio of red, blue and white LEDs and is an innovation leader in the red LED technology space, offering outstanding efficiency values within an industry-leading portfolio.
The High and Mid Power LED families include all important wavelengths for plant growth with 660 nm (hyper red), 450 nm (deep blue) and 730 nm (far red) in three different radiation angles 80 , 120 and 150 to support finding the ideal lighting for all types of plants. ams OSRAM offers vertical integrated LED technologies from epitaxy to chip design and package, providing guaranteed performance and excellent efficacy. ams OSRAM's LED products were implemented in greenhouses and vertical farms in China, the U.S., Italy and Germany and are expanding to new projects across the world.
For more information on ams OSRAM please visit our website at ams-osram.com.
With over 110 years of combined history, our core is defined by imagination, deep engineering expertise and the ability to provide global industrial capacity in sensor and light technologies. We create exciting innovations that enable our customers in the consumer, automotive, healthcare and industrial sectors maintain their competitive edge and drive innovation that meaningfully improves the quality of life in terms of health, safety and convenience, while reducing impact on the environment.
Our around 24,000 employees worldwide focus on innovation across sensing, illumination and visualization to make journeys safer, medical diagnosis more accurate and daily moments in communication a richer experience. Our work creates technology for breakthrough applications, which is reflected in over 15,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany), the group achieved over EUR 5 billion revenues in 2021 and is listed as ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).
ams is a registered trademark of ams-OSRAM AG. In addition many of our products and services are registered or filed trademarks of ams OSRAM Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners.
02.05.2022 This Corporate News was distributed by EQS Group AG. www.eqs.com
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