OSRAM AG has acquired the remaining shares in Traxon Technologies Ltd further strengthening its business in professional LED lighting solutions. Traxon specialises in applications for the architectural, shop and hospitality segments and OSRAM obtained a controlling 51 percent in Traxon in 2009. The joint venture has since been operating under the name ‘Traxon Technologies - An OSRAM Company'.

"We are supporting our own development measures with selected acquisitions, with a view to systematically expanding our business with LED and lighting solutions, both technologically and regionally," said Martin Goetzeler, member of the Managing Board of OSRAM AG and Chief Operating Officer.

(Seen here: Christ the Redeemer, Rio de Janiero)

Traxon Technologies is a leading global supplier of professional LED systems and solutions that include luminaires and lighting control systems. LED solutions for the architecture, hospitality and shop segments are marketed under the brand names Traxon and e:cue. Over 4 000 installations and projects around the world, including Worldwide Plaza in New York and the ‘Christ the Redeemer' statue on Sugar Loaf Mountain in Rio de Janeiro, testify to Traxon's achievements in this field.

Traxon operates worldwide in the key markets of Asia, Latin America, Europe, Middle East and North America. OSRAM recently purchased the European luminaire manufacturer Siteco as well as Encelium - a US software manufacturer for light management systems. 

(Seen here:Worldwide Plaza, New York (photograph: Paul S. Bartholomew)

The acquisition of the remaining shares in Traxon will further strengthen OSRAM's portfolio, opening up new fields of application and expanding the company's regional presence.

Osram: +27 11 207 5600