[High-tech LED News] Osram announced that it has completed the acquisition of German lighting company Siteco, which took effect on July 1, 2011. In addition, former Siteco CEO Klaus-Gunter Vennemann was appointed head of the Osram professional lighting business group.
Siteco is a professional lighting manufacturer whose lighting products can be used for commercial and public spaces such as buildings, streets, tunnels, airports or sports venues. The company's major projects include: Munich Allianz Arena, Madrid Barajas Airport and Taiwan Tower.
Siteco has extensive experience in working with customers, architects, lighting designers, etc. Through this acquisition, Osram will use this experience to develop its new products, broaden its modern products and more lighting solutions, and welcome in indoor and outdoor lighting. Come to a broader market opportunity.
In addition, Siteco will also help Traxon, a joint venture established by Osram, whose main business is to provide solutions for store lighting, architectural lighting, entertainment and hotel lighting.
Siteco is a professional lighting manufacturer whose lighting products can be used for commercial and public spaces such as buildings, streets, tunnels, airports or sports venues. The company's major projects include: Munich Allianz Arena, Madrid Barajas Airport and Taiwan Tower.
Siteco has extensive experience in working with customers, architects, lighting designers, etc. Through this acquisition, Osram will use this experience to develop its new products, broaden its modern products and more lighting solutions, and welcome in indoor and outdoor lighting. Come to a broader market opportunity.
In addition, Siteco will also help Traxon, a joint venture established by Osram, whose main business is to provide solutions for store lighting, architectural lighting, entertainment and hotel lighting.
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