OSRAM acquires Encelium to develop LED business

[Engineering LED News] Recently, OSRAM has completely acquired Encelium Technologies through Townsend Ventures Investment Company, increasing its investment portfolio in lighting control, energy management systems and software.

Encelium, headquartered in Teaneck, New Jersey, USA, was previously acquired by OSRAM in a 15% stake and is now part of OSRAM's general lighting – LMS (Light Management Systems) organization, OSRAM believes that this time The acquisition not only expands and strengthens its position in energy efficiency, but in essence, OSRAM will help develop its LED business through this acquisition.

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