OSRAM acquires Traxon to strengthen the market strength of LED lighting solutions

[High-tech LED News] It is reported that OSRAM AG (Osram) has acquired the remaining shares of Traxon Technologies, Ltd. (Traxon) from the joint venture partner since November 9, 2011.

Through this acquisition, OSRAM further strengthens its strength in the fast-growing professional LED lighting solution market and further expands the regional footprint.

Traxon Technologies, based in Hong Kong and Paderborn, Germany, is a leading global provider of professional LED systems and solutions for lighting and lighting control systems. The company offers LED solutions for the construction, store and food service industries under the Traxon and e:cue brands.

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