Osram

OSRAM Licht AG is a German company that makes electric lights, headquartered in Munich and Premstätten (Austria). OSRAM positions itself as a high-tech photonics company that is increasingly focusing on sensor technology, visualization and treatment by light. The company serves customers in the consumer, automotive, healthcare and industrial technology sectors. The operating company of OSRAM is OSRAM GmbH. Osram was founded in 1919¹ by the merger of the lighting businesses of Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG). In 1933, Osram donated 40,000 Reichsmarks to the Nazi Party in the 1933 elections. Osram was a wholly owned subsidiary of Siemens AG from 1978 to 2013. On 5 July 2013, Osram was spun off from Siemens, and the listing of its stock began on Frankfurt Stock Exchange on 8 July 2013. Osram's business with conventional light sources was spun off in 2016 under the name Ledvance and sold to a Chinese consortium. After a bidding war with Bain Capital, Osram was taken over by Austrian company AMS in July 2020. Since then, the company has operated under the name AMS Osram. The name is derived from osmium and Wolfram, German for tungsten. Both elements were commonly used for lighting filaments at the time the company was founded.

OSRAM Licht AG is a German company that makes electric lights, headquartered in Munich and Premstätten (Austria). OSRAM positions itself as a high-tech photonics company that is increasingly focusing on sensor technology, visualization and treatment by light. The company serves customers in the consumer, automotive, healthcare and industrial technology sectors. The operating company of OSRAM is OSRAM GmbH. Osram was founded in 1919 by the merger of the lighting businesses of Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG). In 1933, Osram donated 40,000 Reichsmarks to the Nazi Party in the 1933 elections. Osram was a wholly owned subsidiary of Siemens AG from 1978 to 2013. On 5 July 2013, Osram was spun off from Siemens, and the listing of its stock began on Frankfurt Stock Exchange on 8 July 2013. Osram's business with conventional light sources was spun off in 2016 under the name Ledvance and sold to a Chinese consortium. After a bidding war with Bain Capital, Osram was taken over by Austrian company AMS in July 2020. Since then, the company has operated under the name AMS Osram. The name is derived from osmium and Wolfram, German for tungsten. Both elements were commonly used for lighting filaments at the time the company was founded. ==Operations== Osram is a multinational corporation with headquarters in Munich, with around 34,000 employees¹ throughout the world. Osram has operations in over 120 countries. In fiscal year 2019¹, Osram's business model was operationally implemented in three business units: Opto Semiconductors, Automotive and Digital. ===Opto Semiconductors=== The Opto Semiconductors Business Unit provides opto semiconductors, which are crucial elements in lighting, visualization, and sensor technology. Osram Opto Semiconductors offers a wide range of LEDs in the low-power, mid-power, high-power, and ultra-high-power classes that are used in general lighting, automotive, consumer, and industrial applications as well as infrared, laser and optical sensors. The main market for these components are the automotive sector, smartphones, wearables, general lighting, lighting for plants, industrial lighting, and projection. ===Automotive=== The Automotive Business Unit develops and produces lamps; light modules; and sensors for auto makers and their suppliers and the spare parts aftermarket. Up to the beginning of the fiscal year 2019, the automotive and other areas of business comprised the Specialty Lighting Business Unit. As part of a reorganization and the subsequent renaming of the business unit as AM, these other areas of business have been incorporated into the Digital Business Unit. ===Digital=== The Digital Business Unit was established at the start of the fiscal year 2019. It handles all of Osram's business activities that use digital technologies. The former Lighting Solutions Business Unit was dissolved at the start of the fiscal year 2019. Traxon's business was incorporated into the new Digital Business Unit. The European luminaire business (Siteco) and the North American luminaire service business are reported as discontinued operations. ==In popular culture== German football manager Jupp Heynckes was nicknamed "Osram" because his face would sometimes redden under the stress of matches. ==References==

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