EQS-News: ams-OSRAM AG / Key word(s): Disposal
ams-OSRAM AG: ams OSRAM announces the closing of the sale of Traxon
Technologies to Prosperity Group

02.12.2022 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


ams OSRAM announces the closing of the sale of Traxon Technologies to
Prosperity Group

Premstaetten, Austria and Munich, Germany (2 December 2022) -- [1]ams
OSRAM (SIX: AMS), a global leader in optical solutions, announces the
closing of the sale of the Traxon Technologies architectural lighting
business to Prosperity Group. 

Traxon Technologies Limited, a leader in architectural lighting including
its world class portfolio of benchmark dynamic lighting control systems
e:cue and Traxon-created OSRAM and Traxon branded luminaires, has been
established as an independent company within Prosperity Group where Traxon
is a licensee of the OSRAM brand for its high quality luminaire products.
ams OSRAM will continue to support Traxon in selected jurisdictions with
transitional sales services for a period of several months after which
related employees and assets will also be transferred to Prosperity Group.

Prosperity Group, a privately owned lighting company headquartered in Hong
Kong, is a modern conglomerate deep-rooted in the lighting industry with
investments and operations across diversified business sectors in global
markets and a long-term partner to ams OSRAM and OSRAM Licht AG for over
40 years.

ams OSRAM will continue to focus on its high technology semiconductor
businesses and its automotive & specialty lamps business and the
transaction represents a further milestone in the implementation of ams
OSRAM’s strategy to focus on core technology areas in illumination,
visualization and sensing and to divest businesses that are not core to
the company’s strategy. This transaction does not include ams OSRAM
illumination components and technologies.

For more information on Prosperity Group please visit
[2]prosperity-grp.com and for Traxon Technologies please visit
[3]traxon-ecue.com. For more information about ams OSRAM please visit our
website at [4]ams-osram.com.


Press Contact:

Media Relations    Investor Relations

ams-OSRAM AG     ams-OSRAM AG

Amy Flécher     Moritz M. Gmeiner

Vice President Corporate Communications   Head of Investor Relations

T +43 664 8816 2121    T +43 3136 500 31211

[5]press@ams-osram.com    [6]investor@ams-osram.com

ams-osram.com     ams-osram.com


Hilary McGuinness
Head of Public Relations

T: +49 151 276 70 184




About ams OSRAM

The ams OSRAM Group (SIX: AMS) is a global leader in optical solutions. By
adding intelligence to light and passion to innovation, we enrich people’s
lives. This is what we mean by Sensing is Life.

With over 110 years of combined history, our core is defined by
imagination, deep engineering expertise and the ability to provide global
industrial capacity in sensor and light technologies. We create exciting
innovations that enable our customers in the consumer, automotive,
healthcare and industrial sectors maintain their competitive edge and
drive innovation that meaningfully improves the quality of life in terms
of health, safety and convenience, while reducing impact on the

Our around 22,000 employees worldwide focus on innovation across sensing,
illumination and visualization to make journeys safer, medical diagnosis
more accurate and daily moments in communication a richer experience. Our
work creates technology for breakthrough applications, which is reflected
in over 15,000 patents granted and applied. Headquartered in
Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
the group achieved over EUR 5 billion revenues in 2021 and is listed as
ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).

Find out more about us on [8] https://ams-osram.com

ams is a registered trademark of ams-OSRAM AG. In addition many of our
products and services are registered or filed trademarks of ams OSRAM
Group. All other company or product names mentioned herein may be
trademarks or registered trademarks of their respective owners.

Join ams OSRAM social media channels: [9]>Twitter  [10]>LinkedIn 
[11]>Facebook  [12]>YouTube


02.12.2022 CET/CEST This Corporate News was distributed by EQS Group AG.


Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich,
Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange
(Vienna MTF)
EQS News ID: 1503473

End of News EQS News Service

1503473  02.12.2022 CET/CEST


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