2022-07-05

ams OSRAM announces the closing of the sale of the AMLS business to Plastic Omnium

Premstaetten, Austria and Munich, Germany (1 July 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces the closing of the sale of the AMLS (Automotive Lighting Systems) business to Plastic Omnium (Euronext: POM). ams OSRAM will continue to be a key supplier of automotive LED and optical components to Plastic Omnium.   AMLS was established on 1 October 2021 following the dissolution of the OSRAM Continental joint venture. AMLS combines lighting technology with electronics and software to develop...
Continue reading
2022-03-28

ams OSRAM signs agreement to sell the AMLS business to Plastic Omnium

Premstaetten, Austria (25 March 2022) – ams OSRAM (SIX: AMS), a global leader in optical solutions, announced the agreement to sell the independent and dedicated AMLS (Automo-tive Lighting Systems GmbH) business to Plastic Omnium (Euronext: POM) for a purchase price of EUR 65 million. The transaction represents a further step in the implementation of ams OSRAM’s previously communicated strategy to focus on dedicated strategic core tech-nology and divesting businesses that are not seen as core to the corporate strategy. ams OSRAM will con...
Continue reading

The Fighting Illini turned to Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, to design, manufacture and install the largest main video display in college football, totaling 17,300+ square feet. The project includes 16 LED displays that c... READ MORE

Since January 1, 2026, drivers in Spain have been required to carry certified V16 warning lights on expressways and highways, which are directly connected to the traffic authorities when in use. With the LEDguardian ROAD FLARE Signal V16 IoT, ... READ MORE