Osram Acquires Digital Lumens Inc.

Osram has agreed to acquire Digital Lumens Inc., a US company based in Boston, MA 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 (USD).
 
The Digital Lumens software platform can be used to run applications from intelligent lighting control, energy use, and security systems to the measurement of environmental parameters such as air quality, according to the company. The cloud-based platform is compatible with components and hardware of other manufacturers. Digital Lumens has more than 2,500 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 at OSRAM Licht AG. “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 Osram to expand its business with digital lighting solutions and add to its expertise 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.
 
Plans are in place to integrate some of Osram’s 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. In a pilot project, significant and measurable increases in sales were achieved, for which Einstone was presented with the Best In-Store Solutions Award at the Euroshop 2017 trade fair.