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Osram continues with layoffs
German lighting maker Osram Licht AG plans for a new savings program that will include almost 7.800 job cuts. It said the job cuts – of which 1’700 would be in Germany and 6’100 internationally – are scheduled to be completed ...
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Philips to acquire Unisensor
Royal Philips has signed an agreement to acquire Unisensor. Unisensor was founded in 1997 and is a privately held company with approximately 35 employees. Upon closing of the transaction, which is expected in the third quarter of 2014 and subject to ...
