Yes. In general, the responsible employees and plants have moved over to the new company LEDVANCE together with the respective products. LEDVANCE products will however in certain isolated cases continue to be produced at OSRAM. Nothing will initially change about the production processes. Product quality will remain the same.
The lighting industry finds itself in a continuous state of change. In order to be able to respond to this change and remain competitive in the long term, businesses like OSRAM have to adapt to this. Through independence, LEDVANCE will gain more streamlined structures and creative freedom which will enable the new company to react quicker to changing market conditions and individual customer requirements.
OSRAM continues to offer luminaires and controls for professional applications, and will develop further solutions for these. Meanwhile, LEDVANCE has taken over the OSRAM luminaires and controls for residential applications, and is now also developing its own range of luminaires and controls for professional applications.
LEDVANCE supplies specialist shops and end consumers with a wide range of products ranging from LED and halogen lamps, right through to Smart Home products and LEDVANCE brand OTC lamps.https://www.osram-lamps.com/
Yes, OSRAM is still pressing ahead with technological development of the LIGHTIFY Internet of Things Platform (IoT).
LIGHTIFY will be distributed for the household sector via LEDVANCE, whereas LIGHTIFY Professional as well as the IoT platform and its respective services which belong to both fields will be marketed by OSRAM. A precise product overview can be found here.
The lighting industry finds itself in a continuous state of change.
In order to be able to respond to this change and remain the best partner also in the long term, businesses like OSRAM have to adapt to this. The decision to sell the lamps business followed an intensive review of strategic options for that segment.
For OSRAM the successful separation and sale of LEDVANCE is a milestone to actively shape the industry transformation through innovation, setting new standards in light technology with all its visible and invisible applications even stronger in the future.
By anticipating the right innovations with exciting new technologies, solutions and deep application expertise across industries and technologies OSRAM contributes to the customers’ competitive edge.
The portfolio includes high-tech applications based on semiconductor technology such as infrared or laser lighting. The products are used in highly diverse applications ranging from virtual reality, autonomous driving or mobile phones to smart and connected lighting solutions in cars, buildings and cities.
In general, together with the respective lamps product portfolio also the responsible employees and plants have moved over to the new company LEDVANCE. Nothing will initially change about the production processes. Product quality will remain the same, so OSRAM lamps will remain OSRAM lamps.
Therefore LEDVANCE is allowed to use the OSRAM brand on product level and exclusively in clearly defined product categories (focus on lamps and luminaires/ smart home for private end consumers) as a licensee of the OSRAM brand.