Siemens Sells Its Stake in Osram

October 23, 2017

Institutional investors have bought Siemens’ 18.155 million ordinary shares in Osram Licht AG for 1.2 billion euros (US$1.4 billion). The shares represent 17.34 % of Osram Licht AG’s issued share capital. Siemens will retain a small number of Osram Licht AG shares.

Osram was created in 1919 throughthe merger of the lighting businesses of Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG). In July 2013, Siemens spun off Osram. Osram is a multinational corporation with headquarters in Munich. It employs around 34,000 people around the world, and has operations in over 120 countries. 

Siemens AG is active in more than 200 countries, focusing on electrification, automation and digitalization. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Related Articles

Changing Scene

  • LEDVANCE Expands Ontario Presence with New Specification Agent

    LEDVANCE Expands Ontario Presence with New Specification Agent

    LEDVANCE is pleased to announce the appointment of Sterling Architectural Products Ltd. (Sterling Lights) as their new specification agent in Ontario. This partnership strengthens LEDVANCE’s presence in the region and reinforces their commitment to serving the professional lighting design and specification community with innovative, reliable lighting solutions. With decades of experience and a service-driven mindset,… Read More…

  • May 29, 2025 - Eureka Wins Three 2025 Red Dot Awards for Product Design

    Eureka Wins Three 2025 Red Dot Awards for Product Design

    Eureka is pleased to announce that its Velia, Cirra, and Junction luminaires have each received a 2025 Red Dot Design Award for Product Design. It is the 11th consecutive year that Eureka products have been honored with this prestigious award, which is a testament to the company’s consistency and relentless drive to design exceptional luminaires.… Read More…

Design

  • The Difference Between Accent, Ambient & Task Lighting: Ultimate Guide

    The Difference Between Accent, Ambient & Task Lighting: Ultimate Guide

    In interior design, lighting is not just about brightening the room. Sensitive lighting layout is the key in the whole aesthetic atmosphere. An outstanding lighting solution will not rely on one type of fixture. Rather, it is through the combination of different types of lighting. Accent, ambient, and task lighting are three basic types of… Read More…

  • Graphic Office Interiors Enhance Their Office Space, Incorporating State-Of-The-Art Lighting Solutions

    Graphic Office Interiors Enhance Their Office Space, Incorporating State-Of-The-Art Lighting Solutions

    Graphic Office Interiors, a renowned office design and furnishings company serving Vancouver Island since 1966, embarked on a unique lighting project for their personal office in Saanichton, BC. This project marked the first collaboration between Kelly Inglis of Mac’s II Agencies and Graphic Office Interiors’ in-house registered interior designer, Laura Harlos. Known for their exclusive Steelcase furniture line, modular moveable… Read More…

New Products

  • Legrand Unveils Wattstopper i3:  Next-Generation Lighting & Building Intelligence Solution Powered by KODE Labs

    Legrand Unveils Wattstopper i3:  Next-Generation Lighting & Building Intelligence Solution Powered by KODE Labs

    Legrand has announced the launch of the Wattstopper i3 Platform, a next-generation lighting and building intelligence solution powered by KODE Labs, a recognized name in advanced smart building technology. Wattstopper i3 unites Legrand’s established Wattstopper DLM and Wattstopper PLUS systems under a cohesive interface. With KODE’s award-winning OS at its core, the platform consolidates data… Read More…

  • Acuity: New C1D2 Emergency Exit Combo – HLEMC

    Acuity: New C1D2 Emergency Exit Combo – HLEMC

    The HLEMC from Holophane is a high-performing, IP66 rated emergency exit combo that is designed for use in Class 1, Div 2, groups A, B, C, & D hazardous environments, meeting up to a T3C temperature rating. The HLEMC is designed with a one-piece corrosion-resistant enclosure that is high-impact resistant to protect fixture against elements,… Read More…