OSRAM Enters Joint Venture with LED System and Solution Specialist Traxon Technologies

OSRAM has strengthened its portfolio in the field of professional LED systems and solutions by setting up a joint venture with Traxon Technologies Ltd. The new company, in which OSRAM has the majority share, is one of the leading providers in the fast-growing market for LED technology in the field of architectural, hospitality and retail. The company operates globally in Asia, Europe and North America. Read more.