OSRAM Acquires Traxon, e:cue

OSRAM has acquired the remaining shares of Traxon Technologies from its joint venture partner as of November 9th, 2011. In 2009, OSRAM obtained a majority holding of 51 percent in Traxon. The company has since been operating as a joint venture under the name "Traxon Technologies - An OSRAM Company".

The acquisition is a further step for OSRAM towards becoming one of the leading suppliers of LED lighting solutions and it also strentghens its position in the professional LED lighting market.  Traxon's competence in LED luminaires, lighting controls systems and LED Systems and Solutions complement OSRAM's LED expertise.

Traxon Technologies - headquartered in Hong Kong and in Paderborn, Germany - markets its LED solutions under the brand names of Traxon and e:cue. Charron Incorporated represents both brand names throughout Northern New England.

Over 4,000 installations and projects around the world, including Worldwide Plaza in New York and the "Christ the Redeemer" statue on Sugar Loaf Mountain in Rio de Janeiro, testify to Traxon's achievements in its field.