OSRAM Completes Aquisition of Traxon Technologies

Nov 9, 2011 It has been announced that OSRAM acquired the remaining shares of Traxon Technologies from its joint venture partner as of November 9th, 2011.

This acquisition is a further step for OSRAM towards becoming one of the leading suppliers of LED lighting solutions and it also strentghens our global position in the professional LED lighting market.  Traxon's competence in LED luminaires, lighting controls systems and LED Systems and Solutions especially for architectural, shop, and hospitality applications complement OSRAM's LED expertise.

Traxon Technologies - headquartered in Hong Kong and in Paderborn, Germany - markets its LED solutions under the brand names of Traxon and e:cue.  Over 4,000 installations and projects around the world, including Worldwide Plaza in New York and the "Christ the Redeemer" statue on Sugar Loaf Mountain in Rio de Janeiro, testify to Traxon's achievements in this field.

By means of this acquisition OSRAM is supporting its strategy to systematically expand its professional LED and lighting solutions business, both technologically and regionally.  Traxon operates on a global scale in the key markets of Asia, Latin America, Europe, Middle East and North America and thereby adds to OSRAM's regional presence.

In 2009, OSRAM obtained a majority holding of 51 percent in Traxon which has since been operating as a joint venture under the name of "Traxon Technologies - An OSRAM Company".

Traxon will keep its legal form as Traxon Technologies Ltd. and remain part of the OSRAM business segment Professional Lighting Solutions.  Traxon as a strong brand within the LED lighting solutions business will remain unchanged, same as e:cue as the leading lighting control brand.  Traxon Technologies' headquarters will remain in Hong Kong and in Paderborn, Germany.

For more information visit: www.traxontechnologies.com

Author:  Alice Jones

Back to the list

Reviews forum #FORUM# is not exist

Submit Product Review

Download Review Form

LED Jobs Banner LED Directory Banner

Recent News

12/06/2011 Pleasanton Library Cuts Energy Use By 46% With Adura Technologies Wireless Lighting Controls

12/06/2011 Forepi Selects AIXTRON´s New 19x4-inch CRIUS II-XL

12/06/2011 Future Lighting Solutions Wins 2011 Best LED Service Provider Award

12/06/2011 Leica Microsystems Presented Its Latest Range of Innovative LED Illumination Modules for Microscopy

12/06/2011 Xicato Introduced 3000lm and 4000lm XLM LED Modules

12/06/2011 A.C. Lighting Inc Appointed LedGo North American Distributor

12/05/2011 Electronics Weekly Publishes Interview with Adrian Rawlinson, Marl International

12/05/2011 New ENCELIUM White Paper Examines How Addressable Dimming Controls Help Buildings Earn LEED Points

12/05/2011 i-Pix Satellite Mk II LED Fixtures Launched in September 2011 Gain Immediate Popularity

12/05/2011 Lumenpulse Unveiled Corporate Headquarters with "Evolution of Light" Event in Montreal, Canada

12/05/2011 Anolis Deliveres LED Architectural Lighting Solutions in South Africa

12/02/2011 Lighting Science Group's New 60-Watt Equivalent LED World Bulb Receives Consumer Electronics Show Best of Innovations Award

12/02/2011 Jim H. McClung Lighting Research Foundation Announced Funding of Research Projects

12/02/2011 Magnalight.com Introduced New Explosion Proof Handheld LED

12/02/2011 SDG&E LED Holiday Light Exchange Brings Energy Savings to Balboa Park, Chula Vista and Escondido

12/01/2011 ZENARO Presents New Louver Luminaires with T5 LED Tubes

12/01/2011 Arima Changzhi Ramps Up HB LED Capacity with AIXTRON G4 MOCVD Systems

12/01/2011 CSA's State-of-the-Art LED Lighting Laboratory Opened in Atlanta

11/30/2011 Chroma-Q™ Launched Three New LED Luminaires

11/30/2011 Cree Introduced the New LMH2 LED Module Family