The FT reports that ‘at least’ two Chinese companies are looking at buying German LED and lighting specialist, Osram, which was spun off from Siemens in 2013, and which remains its biggest shareholder. The paper identifies San’an Optoelectronics and Go Scale as firms that have had discussions with Osram.
Go Scale tried, unsuccesfully, to buy Lumileds, but was stopped by competition concerns. (Philips Sale of Lumileds Blocked). The FT ranks Osram as the second largest LED supplier by value (behind Nichia).
Analyst Comment
The deal is opening up a lot of discussion as Aixtron is also being pursued by Grand Chip Investment, which may also have links back to San’an, according to the New York Times. (BR)
