OSRAM acquired a minority stake in Tvilight, a Dutch software specialist, to further expand its expertise in urban smart outdoor lighting systems. As a lighting equipment manufacturer, OSRAM will hold a 47.5% stake in the company. In addition, Tvilight will provide sensing technology and intelligent light management software for OSRAM's smart city solutions.
Tvilight provides owners of cities and other public spaces with a platform to realize the vision of a smart city and will continue to provide an open platform for suppliers of smart city solutions.
OSRAM acquires Tvilight equity to enhance expertise and realize smart city lighting vision
Eladia Pulido, Head of Osram's Professional Lighting System Solutions (LS), said, “In order to expand the city's lighting solutions business and provide customers with better value, OSRAM has added additional smart elements to its outdoor lighting equipment. Tvilight's software solutions It is the best extension of our lamps."
Lighting networks can be the foundation of a smart city infrastructure. They create extra value beyond pure lighting, such as support for traffic management in the city centre or monitoring of air quality.
The acquisition of shares in Tvilight is the response of OSRAM to the growing demand for smart light solutions in the city. Intelligent interconnected lighting is one of the focuses of OSRAM's professional lighting system solutions. OSRAM has achieved a leading position in urban outdoor lighting. After the addition of Tvilight's products, OSRAM further consolidated its leading position in this field.
Tvilight, founded in 2012, is a Dutch company that specializes in custom light management software for outdoor applications and sensors. Tvilight foresees that smart street lights will play a key role in promoting sustainable urban growth and promoting urban intelligence, connectivity and future development. Driven by such a beautiful vision, it has developed an innovative smart city software platform that is globally Thousands of smart devices are deployed in the scope.
Chintan Shah, founder and CEO of Tvilight, said that “Osram represents more than 100 years of lighting technology experience and excellence, and we are excited to form a strategic partnership with a respected international company such as OSRAM. We will be with OSRAM Together, we will continue to spread IoT-based, smart connected lighting solutions, replace urban infrastructure, enable smart city applications, and improve the lives of urban residents. We will work together to deliver higher quality products to our global partners. , software and services. This partnership will further help Tvilight meet the growing demand for large-scale smart city lighting projects based on an open, versatile, multi-service software platform. We are excited and committed to Osram's commitment. The fighting spirit is eagerly awaiting this journey of joining hands."
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