OSRAM's acquisition of Tvilight stake, deepen the layout of smart city lighting

OSRAM has acquired a minority stake in a Holland software expert, Tvilight, to further expand its expertise in urban intelligent outdoor lighting systems. OSRAM as a lighting equipment manufacturer will hold 47.5% stake in the company, in addition, Tvilight also for OSRAM's smart city solutions to provide sensing technology and intelligent optical management software.

Tvilight provides a platform for the city and other public space owners to achieve the vision of smart city, will continue to provide an open platform for smart city solutions provider.

In order to expand the urban lighting solutions business, to provide customers with better value, OSRAM for its own outdoor lighting equipment loaded with additional smart elements. Tvilight software solution is the best extension of our lamps. "- Eladia Pulido, OSRAM professional lighting solutions (LS) responsible person

Lighting network may be a fundamental wisdom of urban infrastructure. They create extra value beyond mere lighting, such as traffic management or air quality monitoring.

Acquisition of Tvilight shares, it is OSRAM's response to the growing demand for urban smart light solutions. Intelligent interconnection lighting is one of the focus of OSRAM professional lighting system solutions. OSRAM has achieved a leading position in the field of urban outdoor lighting. Tvilight products to join, OSRAM further consolidate its leading position in the field.

Tvilight, founded in 2012, is a company specializing in outdoor applications and sensors custom optical management software company in Holland. Tvilight sees intelligent lights will promote sustainable growth in the city, to promote the city, and the future development of the intelligent interconnection level play a key role, driven in such a beautiful vision, which has developed the software platform of smart city innovation, and in the global deployment of the tens of thousands of smart devices.

"OSRAM represents over 100 years of experience in lighting technology, and we are very pleased to be able to form a strategic partnership with OSRAM, a respected international company. We will work together with OSRAM, continue to spread on the Internet based on the Internet of things, smart Internet lighting solutions, the replacement of urban infrastructure, enabling smart city applications to improve the lives of urban residents. We will work together to deliver quality products, software and services to our global partners. This partnership will further help Tvilight on the basis of open, universal, multi service software platform to meet the growing demand for large-scale smart city lighting projects. We embrace the excitement, and keep OSRAM's commitment to look forward to the A fighting spirit soars aloft. journey together. "- Chintan Shah, founder and CEO of Tvilight

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