Osram acquires Fluence Bioengineering

Osram, provider of intelligent plant growth solutions, announced the acquisition of Fluence Bioengineering, Inc. of Austin, Texas. Fluence was founded in 2013, has approximately 95 employees and its 2017 sales were in the mid-double-digit millions of dollars (USD). The company specializes in LED-based horticultural systems, uses Osram LED chips for a wide variety of applications including vertical farming.

“Fluence is opening the floodgates to a huge future market,” Stefan Kampmann, CTO Osram states. “Its extensive knowledge of the horticulture market and possible applications, combined with Osram’s expertise in lighting technologies, sensors and connectivity, will position us as a leading horticultural solutions provider.”

Associated smart farming software can be integrated into Osram’s Internet of Things (IoT) platform 'Lightelligence', which brings the digitalization of lighting control to a new level. By combining and analyzing sensor data, Lightelligence enables significant progress in automation and intelligent applications far beyond lighting.

Nick Klase, Co-Founder and CEO of Fluence Bioengineering, comments: "Today marks the biggest transformation in our company’s history with our acquisition by OSRAM. Upon closing, Fluence will be positioned within the OSRAM Professional and Industrial Applications segment in the Specialty Lighting business unit – bridging Fluence leadership in LED-based horticulture lighting systems with OSRAM expertise in lighting technologies, sensors and connectivity. Fluence will lead the digital farming industry as we deliver intelligent plant growth solutions to growers around the world who use our systems to become more efficient and more profitable."

For more information:
Osram
www.osram-group.com

Fluence Bioengineering
www.fluence.science