Type Aktiengesellschaft Industry Lighting Headquarters Munich, Germany Parent organization OSRAM Beteiligungen GmbH | Traded as FWB: OSR Website www.osram.com Founded 1919, Berlin, Germany | |
Number of employees Approximately 34,000 (end of September 2014) Stock price OSR (ETR) € 56.83 -0.73 (-1.27%)27 Mar, 4:51 PM GMT+2 - Disclaimer Revenue 5.1 billion EUR (Fiscal Year 2014) CEO Olaf Berlien (1 Jan 2015–) Subsidiaries Osram Sylvania, Siteco Beleuchtungstechnik GmbH Profiles | ||
OSRAM Licht AG is a multinational lighting manufacturer headquartered in Munich, Germany.
Contents
- Name
- History
- Operations
- Osram Opto Semiconductors
- Osram Sylvania
- Traxon Technologies
- In popular culture
- References
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.
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).
History
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. 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 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. In fiscal year 2006, the company achieved sales of about 2 billion euros, which comprises 43% of total Osram sales. 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.