Business | Acquisition | Aug 24, 2017

Osram Acquires Leading U.S. IoT Software Platform Provider Digital Lumens

Osram has agreed to acquire Digital Lumens Inc., a U.S. company based in Boston, Massachusetts that specializes in industrial IoT solutions. Founded in 2008, Digital Lumens employs 65 people and in the last fiscal year generated sales in the mid-double-digit millions (USD). The Digital Lumens software platform can be used to run applications covering everything from intelligent lighting control, energy use, and security systems to the measurement of environmental parameters such as air quality. The cloud-based platform is compatible with components and hardware of other manufacturers. Digital Lumens has built a strong customer base for industrial IoT solutions, with more than 2,500 installations.

“The acquisition of Digital Lumens puts Osram in a strong position when it comes to offering future-focused digital solutions for the facilities management sector and IoT appli-cations,” said Stefan Kampmann, Chief Technology Officer at Osram Licht AG. “By integrating software and sensors in a single platform, we will be able to give businesses a deeper insight into the environment within their buildings and their utilization of space. As a company that understands space, Osram is taking the next step in developing new business models that go beyond lighting. What’s more, the platform is also compatible with light products made by other manufacturers.”

The acquisition of Digital Lumens from a group of venture capital investors will enable Osram to expand its business with digital lighting solutions and add to its expertise in software, sensors and connectivity. Customers using the Digital Lumens cloud based IoT solution pay a monthly service charge to access data that is continually recorded and analyzed by their lighting management system. This allows them to optimize business processes and document process-critical environmental variables.

“I am delighted that we will be working with Osram’s technology experts to pave the way for further growth and new customer applications. Our existing and future customers can look forward to even more value-adding innovations,” said Tom Pincince, President and CEO of Digital Lumens.

Plans are in place to integrate some of Osram’s existing digital services into the platform. This includes the navigation and location solution Einstone, which uses Bluetooth to send targeted offers to users’ smartphones, for example when they are in retail environments. In a pilot project, significant and measurable increases in sales were achieved, for which Einstone was presented with the Best In-Store Solutions Award at the Euroshop 2017 trade fair.

Building on its existing product and services business, Osram will increasingly be positioning itself not only as a provider of platform-based industrial IoT applications but also as a partner for tailor-made solutions, which optimize processes within buildings.

Additional information can be found at www.osram.com

About Osram GmbH:

Osram, based in Munich, is one of the world's leading lighting manufacturers with a history dating back around 100 years. Its product portfolio includes high-tech applications based on semiconductor technology, such as infrared and laser lighting. The products are used in all kinds of applications ranging from virtual reality, autonomous driving, and cellphones to smart and connected lighting solutions in buildings and cities. In automotive lighting, the Company is the global market and technology leader. Based on continuing operations (excluding Ledvance), Osram had around 24,600 employees worldwide at the end of fiscal year 2016 (September 30) and generated revenue of almost €3.8 billion in that fiscal year. The Company is listed on the stock exchanges in Frankfurt and Munich under the WKN 'LED 400' (stock exchange code: OSR). www.osram.com

About Digital Lumens:

Digital Lumens is driving the industrial and commercial smart building revolution by providing superior software, products, and system integration. Its cloud-based intelligence platform, SiteWorx, brings the tangible benefits of the Internet of Things (IoT) to commercial and industrial environments worldwide, and leverages the power of connected lighting and IoT sensors to deliver business intelligence from a unique vantage point—overhead. Its smart building solutions have been deployed across nearly 500 million square feet of space, and the company is distinguished by breakthrough technology, a management team of proven visionaries from the solid-state lighting and distributed networking industries, and proven results from real-world clients in 45 countries. www.digitallumens.com

FEATURED

Epoxy Features Very Low Coefficient of Thermal Expansion

Epoxy Features Very Low Coefficient of Thermal Expansion Master Bond EP30LTE-2 has been developed for joining dissimilar substrates exposed to thermally or mechanically induced stresses. It can be used for sealing, coating and encapsulating, especially for small to medium sized castings where a very low coefficient of thermal expansion (CTE) is required. Read more »

FEATURED

New BJB LED Connector for Linear LED Modules: Book 21 Compliant

New BJB LED Connector for Linear LED Modules: Book 21 Compliant Lampholders were standard in older, traditional lighting systems. Modern LED fixtures that utilize non-replaceable LEDs create several assembly and field-replacement disadvantages. Zhaga Book 21 addresses these shortcomings by standardizing linear 'socketable' LED modules. In accordance with Book ... Read more »

FEATURED

EzyLED™ Now Stocked at Digi-Key

EzyLED™ Now Stocked at Digi-Key American Bright, a global LED lighting solutions manufacturer, announced a series of EzyLED 3030. American Bright's EzyLED™ is a proprietary LED device with a built-in IC. This patented design drastically reduces the need for additional circuitry and other on-board components making it the ideal ... Read more »

FEATURED

Cree Expands Design Possibilities for Architectural Lighting with the Worldwide Proven CLQ6A LED

Cree Expands Design Possibilities for Architectural Lighting with the Worldwide Proven CLQ6A LED These SMD LEDs are packaged in an industry standard PLCC8 package. These high performance 4 color SMT LEDs are designed to work in a wide range of applications. A wide viewing angle and high brightness make these LEDs suitable for signage applications. Read more »

FEATURED

Measuring the Oxygen Content of Blood with LEDs

Measuring the Oxygen Content of Blood with LEDs Pulse oximetry is a non-invasive method for determining haemoglobin (Hb) saturation through oxygen in the blood and heart frequency. It uses the fact that oxygen-rich and oxygen-poor haemoglobin absorb red and infrared light differently. In order to measure the oxygen content reliably, LEDs with ... Read more »

EDITORIAL

LpS/TiL 2019 - Europe's Foremost Lighting Conference Discussed Latest Lighting Trends

LpS/TiL 2019 - Europe's Foremost Lighting Conference Discussed Latest Lighting Trends Last week saw the co-hosted LED professional Symposium +Expo (LpS), Trends in Lighting Forum &Show (TiL) and for the first time the Digital Addressable Lighting Interface (DALI) Summit return to Bregenz, Austria. The three international conference and exhibition events were carefully curated to ... Read more »

EDITORIAL

The 2019 LpS & TiL Award Winners: Celebrating the Complete Spectrum of Light

The 2019 LpS & TiL Award Winners: Celebrating the Complete Spectrum of Light It is a great pleasure for the LpS and TiL organization committee to announce the award winners for 2019. For the second time in a row, after the traditional cruise on the lake from Bregenz to Lindau, the gala dinner at the Eilgut Halle has proven to being a great place for the LpS & TiL award ... Read more »

page_peel