Osram
 |
|
| Aktiengesellschaft | |
| Traded as | : OSR |
| Industry | Lighting |
| Founded | 1919 (Berlin) |
| Headquarters | Munich, Germany |
| Revenue | €5.1 billion (Fiscal Year 2014) |
|
Number of employees
|
Approximately 34,000 (end of September 2014) |
| Subsidiaries |
Osram Opto Semiconductors OSRAM Sylvania |
| Website | www.osram.com |
OSRAM Licht AG is a multinational lighting manufacturer headquartered in Munich, Germany.
OSRAM was founded in 1919 by the merger of the lighting businesses of Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG). On 5 July 2013, OSRAM was spun off from Siemens, the listing of the stocks began on 8 July 2013 on .
The "Osram" name is derived from osmium and Wolfram (German for tungsten, also used in English), as both these elements were commonly used for lighting filaments at the time the company was founded. The brand name of OSRAM was "born" in 1906 and registered by the Deutsche Gasglühlicht-Anstalt (also known as Auer-Gesellschaft).
In 1906 the Osram incandescent lamp was developed by Carl Auer von Welsbach. The British General Electric Company imported Osram filaments for their own production of light bulbs. In 1919 Auergesellschaft, Siemens & Halske and Allgemeine Elektrizitäts-Gesellschaft (AEG) combined their electric-lamp production with the formation of the company Osram.
In 1998 Osram acquired the lamp of ECE Industries India Ltd at a cost of $9.55 million. In 2009 Osram acquired TRAXON Technologies. In 2011 Osram acquired Siteco.
On 8 July 2013 Siemens spun off Osram, which then listed on the Frankfurt Stock Exchange.
Osram is a multinational corporation with headquarters in Munich and it employs around 34,000 people throughout the world. Osram has operations in over 120 countries. In the 2014 financial year, revenue of about €5.1 billion was achieved. The company's North American operation is Osram Sylvania, headquartered in Wilmington, Massachusetts; products sold in Canada, Mexico, United States and United States territories are sold under the Osram Sylvania brand name.
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Wikipedia