2022-05-10

Plastic Omnium acquires Varroc's Automotive Lighting Systems business and creates an integrated lighting player enabling differentiating solutions for exterior systems

•       Plastic Omnium’s strategic roadmap execution gathers pace with new lighting activity o Plastic Omnium to acquire Varroc Lighting Systems (VLS), a key Tier 1 automotive lighting supplier with sales of c.€0.8bn in 2021, for an enterprise value of €600m paid for in cash  o   Creation of a new strategic lighting division in 2022 with revenue of c. €1bn[1], combining AMLS (ams OSRAM Automotive Lighting Systems) and VLS  •       Plastic Omnium...
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE