OSRAM acquisition of U.S. car LED module manufacturers to develop special lighting (SP) business

German lighting giant OSRAM recently announced the expansion of special lighting (SP) business, continuing its three pillar strategy proposed in November 2015. The OSRAM acquisition of U.S. car manufacturers Novit LED module, Technologies, whose products are used for lights, fog lights and daytime running lights. The merger will have an immediate effect on OSRAM's special lighting business. Headquartered in Tennessee, Novit, Technologies, annual revenues of 40 million euros, about 100 employees and the main headlights, taillights shipments to the United States domestic manufacturers.

Both sides agreed not to disclose all the details of the financial details, is expected to be completed in 2016 M & A.

OSRAM CEO Hans-Joachim Schwabe said: "the acquisition of Novit special lighting, Technologies on our project system and cause very helpful, but also strengthen our position in the United States this important market. "

In view of the continuous evolution of LED technology, automotive manufacturers are constantly changing the design and functionality of the lamp. Therefore, for the integrity of the system and the increasing demand for modules, has gone beyond the simple light source.

For example, the use of a full LED FordF-150 headlight system includes remote lights and directional lights, parking lights and control module.

In the acquisition of Novit, Technologies, LED module business OSRAM for its accession to the taillights and auxiliary lighting system, such as fog lamps and lamp etc..

It is estimated that in 2020, the global LED taillights module market will grow by 20%. Novit Technologies has a dominant position in the industry, especially in the United States, so OSRAM became a great power, so that OSRAM can simultaneously use the LED product line has the superiority in the regional market and car.

Novit Technologies, founded in 2007, the rapid development and rapid growth in the past three years, the company has excellent R & D and manufacturing expertise LED module. (compile: LEDinside editor, emmachang)

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