Osram expands IoT offering through the acquisition of U.S. firm
The acquisition will allow Osram to expand its business with IoT lighting solutions
German firm Osram has agreed to acquire U.S. company Digital Lumens, which specializes in industrial internet of things (IoT) solutions. The Digital Lumens software platform can be used to run applications covering everything from intelligent lighting control, energy use and security systems to the measurement of environmental parameters such as air quality. The cloud-based platform is compatible with components and hardware of other manufacturers.
Headquartered in Boston, Digital Lumens has worked in more than 2,500 industrial IoT installations.
“The acquisition of Digital Lumens puts Osram in a strong position when it comes to offering future-focused digital solutions for the facilities management sector and IoT applications,” said Stefan Kampmann, chief technology officer at Osram. “By integrating software and sensors in a single platform, we will be able to give businesses a deeper insight into the environment within their buildings and their utilization of space.”
The acquisition of Digital Lumens from a group of venture capital investors will enable the German company to expand its business with digital lighting solutions and add to its expertize in software, sensors and connectivity. Customers using the Digital Lumens cloud-based IoT solution pay a monthly service charge to access data that is continually recorded and analyzed by their lighting management system. This allows them to optimize business processes and document process-critical environmental variables.
Osram confirmed plans to integrate some of its existing digital services into the platform. This includes the navigation and location solution Einstone, which uses Bluetooth to send targeted offers to users’ smartphones, for example when they are in retail environments.
Osram’s portfolio includes high-tech applications based on semiconductor technology such as infrared or laser lighting. The products are used in highly diverse applications ranging from virtual reality, autonomous driving or mobile phones to smart and connected lighting solutions in buildings and cities.