osram ditching lamps

Via Reuters:

Germany’s Osram (OSRn.DE) plans to transfer its 2 billion euro ($2.5 billion) general lamps business into an independent legal structure, paving the way for a possible spin-off or sale and allowing it to focus on automotive lighting and components.  The move to separate the declining business representing about 40 percent of its revenue.


About Brad Koerner

Venture Manager - Luminous Patterns Philips Lighting
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