Having shed its 20th-century roots with the sale of its light-bulb business, Osram is ready to plunge full speed into the 21st century by making intelligent lighting systems for cars together with automotive supplier Continental. The two companies are poised to form a joint venture that will employ 1,500 and have initial sales of about half a billion euros.
The new venture will produce automotive lighting modules that will, for instance, shift headlight beams as needed to a deer in the distance or a curve coming up. Osram already delivers LED lights for automotive use and now will go deeper into the value-added of the product by developing the electronics together with Continental.
Osram will be transferring its automotive solid state lighting (SSL) module business to the joint venture, while Continental will contribute its light control business from the body and security division. Osram Continental, as the venture will be called, thus will combine semiconductor-based lighting modules, advanced electronics, optics and software expertise with access to sensor technology and innovative light sources.