has agreed to acquire US-based LED Engin Inc
. in San Jose, CA. The company has approximately 30 employees and annual sales of nearly $10 million. LED Engin specializes in ultra-bright, ultra-compact solid state lighting solutions for variety of specialty markets including entertainment lighting, ultraviolet, horticulture, tunable white and medical lighting applications. Its products mainly incorporate LED chips from Osram Opto Semiconductors.
“LED Engin opens up new opportunities for us to offer our customers tailored specialty lighting solutions. LED Engin products are suitable for a variety of specialty applications, making them an ideal addition to our portfolio,” said Hans-Joachim Schwabe, CEO of Osram’s Specialty Lighting (SP) business unit.
LED Engin will be integrated into the professional and industrial applications section of the SP business unit.