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FRANKFURT—Germany’s Osram Licht AG Tuesday said it agreed to sell its light-bulb and LED-lamp business to Chinese lighting company MLS Co. and two co-investors for more than €400 million ($ ...
Hedge funds have got AMS AG over a barrel. The Austrian sensor maker this week made a desperate-sounding appeal to shareholders in Osram Licht AG to accept its 4 billion-euro ($4.4 billion ...
The latest target looks to be Osram Licht AG, a lighting manufacturer ... and there will always be demand for light.
An energy-sipping LED light bulb that gives off the equivalent brightness and color of the standard – but being phased out – 100-watt incandescent bulb has hit the consumer market, Osram ...
BERLIN – German industrial conglomerate Siemens AG’s light bulb unit, Osram, says it is cutting 4,700 additional jobs in its drive to save costs and phase out older technologies. Company ...