Osram and Dominant settled in patent dispute
Lighting manufacturer Osram and LED manufacturer Dominant have settled their patent dispute. Additionally Osram licensed certain patents to Dominant. The parties agreed to keep the details of the settlement confidential
The agreement covers patents in the field of opto-electronic semiconductor components. Osram has already entered into patent license agreements with big players in this market. Such agreements assure legal security for Osram and its licensing partners while entering future lighting markets.
ABOUT OSRAM
OSRAM of Munich, Germany is one of the two leading light manufacturers in the world. The company's portfolio covers the entire value chain from components – including lamps, opto semiconductors like light-emitting diodes (LED) – to electronic control gears as well as complete luminaires, light management systems and lighting solutions. OSRAM has around 39,000 employees worldwide and generated revenue of 5.4 billion Euros in fiscal year 2012 (ended September 30, 2012). More than 70 percent of its revenue comes from energy-efficient products. The company's business activities have been focusing on light – and hence on quality of life – for over 100 years. Additional information can be found in the internet at www.osram-group.com