[High-tech LED] Siemens (Siemens AG) officially said on the 29th that its lighting business Osram GmbH will conduct an initial public offering (IPO) at the end of this year (2011), when it will sell slightly more than 50%. Equity, but still a long-term shareholder, after which OSRAM will seek partners in the acquisition and alliance.
At present, Osram has the second place in the global lighting market, and the market share is second only to Philips.
Previously, Siemens CEO Peter Loescher revealed in a show on the 29th that there will be many opportunities for cooperation with other companies in the future. Osram is estimated to be worth €5-7 billion, ranking higher than GE, with competitors including Panasonic and LED upstream diemaker Cree.
At present, Osram has the second place in the global lighting market, and the market share is second only to Philips.
Previously, Siemens CEO Peter Loescher revealed in a show on the 29th that there will be many opportunities for cooperation with other companies in the future. Osram is estimated to be worth €5-7 billion, ranking higher than GE, with competitors including Panasonic and LED upstream diemaker Cree.
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