LED + SSL, Lighting Industry

OSRAM Enters Joint Venture with LED System and Solution Specialist Traxon Technologies

Craig DiLouie March 26, 2010

OSRAM has strengthened its portfolio in the field of professional LED systems and solutions by setting up a joint venture with Traxon Technologies Ltd. The new company, in which OSRAM has the majority share, is a provider of LED technology. The company operates globally in Asia, Europe and North America.

Currently, LED technology accounts for 12% of OSRAM SYLVANIA total sales. The company invests 15% of the LED sales into research and development (R&D).

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