One of the so-called “Big 3” players in the legacy lighting business will no longer sell end products after Osram finds a buyer for its Lighting Solutions luminaires business unit.
Osram Licht AG has announced that it will sell its Lighting Solutions business unit that manufactures finished luminaires. The company said it will focus on high-growth-potential applications going forward — most likely smart LED lighting and the Internet of Things (IoT), although the company did not explicitly identify those growth applications. Still, that IoT-focused theme has pervaded the company’s exhibits at major events this year including Light+Building (L+B) and LightFair International (LFI), with solid-state lighting (SSL) opening new doors for growth.
Original Article: www.ledsmagazine.com
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