2022-12-06

ams OSRAM announces the closing of the sale of Traxon Technologies to Prosperity Group

Premstaetten, Austria and Munich, Germany (2 December 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces the closing of the sale of the Traxon Technologies architectural lighting business to Prosperity Group. Traxon Technologies Limited, a leader in architectural lighting including its world class portfolio of benchmark dynamic lighting control systems e:cue and Traxon-created OSRAM and Traxon branded luminaires, has been established as an independent company within Prosperity Group where Traxon is a licensee of the OSRAM b...
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2022-05-11

ams OSRAM signs agreement to sell its dynamic lighting business Traxon Technologies to Prosperity Group

Premstaetten, Austria and Munich, Germany (10 May 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announced today that an agreement has been reached to sell the Traxon Technologies business, including the benchmark dynamic lighting controls e:cue, to Prosperity Group, a privately owned lighting company headquartered in Hong Kong. Prosperity Group is a modern conglomerate deep-rooted in the lighting industry with investments and operations across diversified business sectors in global markets and a long-term partner to ams OSRAM and ...
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France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE