Company type | Aktiengesellschaft |
---|---|
ISIN | DE000LED4000 |
Industry | Semiconductor / Photonics |
Predecessor | Auergesellschaft |
Founded | July 1, 1919Berlin[1]) | (
Headquarters | Munich, Germany |
Parent | ams-OSRAM AG (80,3%)[2] (2020–present) |
Subsidiaries | |
Website | www |
OSRAM Licht AG is a German company that makes electric lights, headquartered in Munich and Premstätten (Austria). OSRAM positions itself as a high-tech photonics company that is increasingly focusing on sensor technology, visualization and treatment by light.[3] The company serves customers in the consumer, automotive, healthcare and industrial technology sectors.[4] The operating company of OSRAM is OSRAM GmbH.
Osram was founded in 1919 by the merger of the lighting businesses of Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG). Osram was a wholly owned subsidiary of Siemens AG from 1978 to 2013. On 5 July 2013, Osram was spun off from Siemens, and the listing of its stock began on Frankfurt Stock Exchange on 8 July 2013.[5] Osram's business with conventional light sources was spun off in 2016 under the name Ledvance and sold to a Chinese consortium.[6]
After a bidding war[7] with Bain Capital, Osram was taken over by Austrian company AMS in July 2020.[8][9][10] Since then, the company has operated under the name AMS Osram.[11]
The name is derived from osmium and Wolfram (German for tungsten, also used in English). Both elements were commonly used for lighting filaments at the time the company was founded.