Osram Continental

Osram Continental GmbH integrates experience of the companies Continental and Osram in production of light devices and management systems for light devices.

The international joint venture under the name Osram Continental GmbH is registered in the region Munich, Germany.

History

2017: Formation of the joint venture

On November 9, 2017 the hi-tech companies Continental also Osram announced the intention to create joint venture. The idea consists in a combination of the innovative technologies in the field of light devices with electronics and the software for design, production and implementation of intelligent systems of lighting for automotive industry.

Continental and Osram will create the joint venture for production of intelligent light devices for cars

The international joint venture under the name Osram Continental GmbH is registered in the region Munich. It is supposed that Continental and Osram companies will have shares in joint venture for 50%. Planned annual sales volume is estimated at hundreds of millions euros at staff about 1500 people working at 17 platforms worldwide. According to the signed contracts, the joint venture will begin the activity in 2018 after receiving preliminary approval from the supervisory boards of each of the parties and approval of antimonopoly authorities.

Osram will transfer to the order of joint venture the direction of business connected with LED light devices for cars (Solid State Lighting, SSL). The Continental company, in turn, will use practices of the division of Body & Security in the field of management systems for light devices. It will allow Osram Continental to integrate the experience in creation of semiconductor light modules, the advanced electronics, optics and the software for development of the innovation sensors and light sources. Thus, Osram Continental will be able to offer a broad spectrum of the complete, innovative solutions which are specially designed for application in head headlights and tail lamps of cars. Joint work will be aimed at creation of optimum approved products and solutions and their fast output to the market. The joint venture will perform the activity as the independent company.

Intelligent light devices provide to car makers more freedom at design of the car and help to optimize costs for development — Andreas Wolf, the head of department of Body & Security of Continental AG company explained. — Global presence of Osram Continental joint venture will allow us to cooperate closely with our customers when developing the solutions which are precisely conforming to their requirements.

The combined efforts will allow us to create the innovation products at close cooperation with car makers, integrating light devices, sensors and electronics into a single system. It will provide a possibility of implementation of new intellectual features, for example will allow to combine the light device and sensors in one module or to transmit light signals between the driver, other participants of traffic and surrounding objects — Hans-Joachim Schwabe, the CEO of division of Specialty Lighting of Osram company added.