Osram

OSRAM Licht AG
Aktiengesellschaft
Traded as FWB: OSR
Industry Lighting
Founded 1919 (Berlin[1])
Headquarters Munich, Germany
Revenue €5.1 billion (Fiscal Year 2014)
Number of employees
 Approximately 34,000 (end of September 2014)
Subsidiaries Osram Opto Semiconductors
OSRAM Sylvania
Website www.osram.com

OSRAM Licht AG is a multinational lighting manufacturer headquartered in Munich, Germany.[2]

OSRAM was founded in 1919 by the merger of the lighting businesses of Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG). On 5 July 2013, OSRAM was spun off from Siemens, the listing of the stocks began on 8 July 2013 on Frankfurt Stock Exchange.[3]

Name

The "Osram" name is derived from osmium and Wolfram (German for tungsten, also used in English), as both these elements were commonly used for lighting filaments at the time the company was founded. The brand name of OSRAM was "born" in 1906 and registered by the Deutsche Gasglühlicht-Anstalt (also known as Auer-Gesellschaft).[4]

History

Osram lamp of 1910, high candle-power type

In 1906 the Osram incandescent lamp was developed by Carl Auer von Welsbach. The British General Electric Company imported Osram filaments for their own production of light bulbs. In 1919 Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG) combined their electric-lamp production with the formation of the company Osram.

In 1998 Osram acquired the lamp business of ECE Industries India Ltd at a cost of $9.55 million. In 2009 Osram acquired TRAXON Technologies. In 2011 Osram acquired Siteco.

On 8 July 2013 Siemens spun off Osram, which then listed on the Frankfurt Stock Exchange.

Operations

Osram is a multinational corporation with headquarters in Munich and it employs around 34,000 people throughout the world. Osram has operations in over 120 countries. In the 2014 financial year, revenue of about €5.1 billion was achieved.[5] The company's North American operation is Osram Sylvania, headquartered in Wilmington, Massachusetts; products sold in Canada, Mexico, United States and United States territories are sold under the Osram Sylvania brand name.

Osram Opto Semiconductors

Osram Opto Semiconductors is a wholly owned subsidiary of Osram which designs and manufactures opto-semiconductor products. One of the main products of this subsidiary is light-emitting diodes (LEDs). As the world's second largest manufacturer of optoelectronic semiconductor for the illumination, sensing and visualization sectors, Osram Opto Semiconductors GmbH combines extensive know-how in semiconductors, converter materials and packages under one roof. Besides its headquarters in Regensburg, Germany, it has further production sites in Penang, Malaysia, and Wuxi, China[6] and a global network of sales and marketing centre.

Osram Sylvania

Osram Sylvania Inc. manufactures and markets a wide range of lighting products for homes, business, and vehicles and holds the largest share of the North American lighting market.[7] In fiscal year 2006, the company achieved sales of about 2 billion euros, which comprises 43% of total Osram sales.[8] It employs about 11,200 people in North America and is headquartered in Wilmington, Massachusetts, north of Boston. Most of the company's products are marketed in North and South America under the SYLVANIA or OSRAM brand names.

Traxon Technologies

Traxon Technologies, together with its control brand, "e:cue lighting control", is a solid state lighting and control systems provider. In 2009, Traxon Technologies entered into a joint venture with OSRAM, a partnership which ultimately led to OSRAM's complete acquisition of Traxon in 2011.[9][10]

See also

References

  1. ↑ http://www.osram.de/media/resource/HIRES/334234/4886132/geschichte---100-jahre-osram.pdf
  2. ↑ "OSRAM Licht AG imprint". OSRAM. 3 August 2013.
  3. ↑ "Press Information on the OSRAM Listing". OSRAM. 3 August 2013.
  4. ↑ "Anniversary of the trademark on 17 April 2006". OSRAM. 3 April 2006. Archived from the original on 7 October 2010.
  5. ↑ "Annual report 2014" (PDF). OSRAM. 2 January 2015.
  6. ↑ "Osram expands with new LED assembly plant in China". OSRAM. 25 May 2012.
  7. ↑ Steiner, Christopher (7 June 2007). "Bright Lights, Big Legacy?". Forbes.
  8. ↑ "Facts & Figures". OSRAM. Archived from the original on 16 May 2007.
  9. ↑ "Lighting.com". Lighting web sit, Osram Acquires Traxon
  10. ↑ "Business Week".
  11. ↑ ""Osram" soll Schalke wieder strahlen lassen". Spiegel Online (in German). 24 June 2003. Retrieved 29 April 2009.
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