Shanghai, China, June 15, 2022 - ADSOSHO (SIX: AMS), the world's leading optical solutions provider, announced that it has partnered with global LED driver power supplier Inventronics ( INVENTRONICS". The European and Asian business of Digital Systems will be sold to Inventronics. ams and Osram will continue to focus on the high-tech semiconductor business, as well as the automotive, entertainment and industrial lighting businesses. The transaction marks another milestone in the implementation of ams-Osram's strategy to focus on core technology areas such as light sources, visualization and sensing, while divesting non-strategic core businesses. The transaction follows the bundle of transactions.
The European and Asian business of the new Osram Digital Lighting Systems business focuses on the development of lighting modules, software and power supplies for connectable components related to conventional lighting and LED lighting - these are lamps for professional lighting applications. An essential component for the digitization and luxury of lighting solutions. By acquiring the European and Asian businesses of ams Osram Digital Lighting Systems, Inventel will be able to expand the scope of its regional and business portfolio.
"We are very excited about this transaction. We strongly believe that this will create more value for our customers, employees and shareholders. After the acquisition we will have a strong product portfolio and performance without competing with customers, allowing us to become an LED driver the first choice to achieve significant market share,” said Marshall Mliles, CEO of Inventel Electronics.
said Dr. Wilhelm Nehring, Executive Vice President and General Manager of the new Osram Digital Division (DI). "Our goal is to select a buyer who can provide our employees and customers with a long-term opportunity. And has the ability to create additional value for customers. The Digital Moment Systems business unit and Moffitt Electronics share a common pursuit of technology. , this acquisition is based on a growth strategy. It offers exciting future prospects for business development and employees.”
"We look forward to joining the Inventronics family. We both have extensive market experience and customer insights, and combined with our strong European and Asian presence, we will continue to provide our customers with superior quality and cutting-edge innovation." ams Osram Dr. Gemot Steinlesberger, Head of Digital Awareness Systems Europe and Asia, said.
The European and Asian operations of the new Osram Digital Momentum system employ around 600 people. The business is headquartered in Garching, near Munich, Germany, with operations in more than 35 countries around the world.
Inventronics is a listed company headquartered in Hangzhou, China. The company operates globally, including production sites in China, India and Mexico, distribution centers in the U.S. and the Netherlands, and sales offices in major markets around the world, serving customers in more than 100 countries.
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