Osram Acquires Software Platform Provider Digital Lumens

According to a recent announcement, Osram will acquire Digital Lumens, a company that specializes in industrial IoT solutions.

Founded in 2008, Digital Lumens employs 65 people and in the last fiscal year generated sales in the mid-double-digit millions. The Digital Lumens software platform is used to run applications for intelligent lighting control, energy use, security systems, and measurement of environmental parameters such as air quality. The cloud-based platform is compatible with components and hardware of other manufacturers. Digital Lumens has done more than 2,500 Industrial IoT (IIoT) 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, CTO, OSRAM Licht. "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. As a company that understands space, Osram is taking the next step in developing new business models that go beyond lighting. What's more, the platform is also compatible with light products made by other manufacturers."

Plans are in place to integrate some of Osram's existing digital services into the Digital Lumens platform. This includes the navigation and location solution Einstone, which uses Bluetooth to send targeted offers to people's smartphones, for example when they are in retail environments.

"I am delighted that we will be working with Osram's technology experts to pave the way for further growth and new customer applications. Our existing and future customers can look forward to even more value-adding innovations," said Tom Pincince, President & CEO, Digital Lumens.

Building on its existing product and services business, Osram said it will increasingly be positioning itself not only as a provider of platform-based industrial IoT applications but also as a partner for tailor-made solutions, which optimize processes within buildings.