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Hella–FAW Group Increase Cooperation |
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Monday, 23 September 2019 |
Hella's Dr. Frank Huber and FAW Group's Zhang Pijie have signed an agreement intensifying their coöperation: they've agreed to make their JV Changchun Hella Faway Automotive Lighting a strategic partner of FAW's premium Hongqi car brand. |
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Infiniti Has New Design Chief |
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Monday, 02 September 2019 |
Taisuke Nakamura is Infiniti's new Head of Design, replacing Karim Habib, who has left the company. |
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Monday, 26 August 2019 |
Israeli startup TriEye, whose shortwave infrared (SWIR) sensing technology enables vision in adverse weather and night-time conditions, have expanded their Series A funding |
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Former Opel CEO to Chair Hella Shareholder Committee |
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Monday, 26 August 2019 |
Carl-Peter Forster, a former CEO of Opel and a BMW veteran, will become chairman of Hella's shareholder committee. His appointment is expected to be confirmed at Hella's AGM on 27 September, when the term ends of his predecessor, Manfred |
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AMS Pitch Osram Takeover Bid |
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Monday, 19 August 2019 |
Sensor makers AMS have thrown their hat into the ring—or, more specifically, thy've thrown €4.3bn into the bidding competition for Osram, which means they're now competing against Bain Capital and The Carlyle Group. Osram confirmed they will start
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AMS Pause Osram Takeover Plan |
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Sunday, 28 July 2019 |
Sensor makers AMS have changed their mind about their Osram takeover plan. The company have decided to reëvaluate a potential transaction with Osram after having talked with potential financial partners about it. Their new position: they don't see "sufficient |
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BrightWay's Future Brightens Up |
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Sunday, 21 July 2019 |
A spinoff of Elbit Systems, BrightWay Vision (BWV) are an Israeli company that is developing a Gated Imaging system for autonomous vehicles. They've announced the addition of strategic and venture capital investors and the completion of |
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Osram to consider a $3.8b takeover bid |
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Monday, 08 July 2019 |
German lighting Osram said that its supervisory board would meet soon to review a binding offer from private equity firms Bain and Carly to buy the company for €3.4 billion.
The two investors have offered 35 euros ($39.49) a share, Osram said in a statement,
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Hella to Make Electronics for BAIC |
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Monday, 08 July 2019 |
Hella are planning to make electronic components for BAIC Motor under a 50-50 joint venture with BAIC parts subsidiary Beijing Hainachuan Automotive Parts in the east China city of Zhenjiang.
The plant, is expected to start production in early 2020, |
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LRC, Lumitex in Strategic Pact |
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Monday, 08 July 2019 |
The LRC (Lighting Research Center) at Rensselaer Polytechnic Institute is forming a new strategic collaboration wit Lumitex, an innovator in lighting and light-based technologies. The LRC and Lumitex will coöperatively develop a joint research agenda |
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