Sanan Optoelectronics clarifies the acquisition of Osram rumors: only preliminary contact

In response to the report on the acquisition of German lighting giant Osram, Sanan Optoelectronics issued a clarification announcement on the evening of October 10, saying that after self-examination, the company is currently in preliminary contact with OSRAM related parties on a potential acquisition transaction or cooperation. The two sides only met once. Up to now, there has been no negotiation on the terms of the transaction (including scope and price), and there has been no relevant report on the proposed acquisition of German lighting giant Osram. Sanan Optoelectronics issued a clarification announcement on the evening of October 10, saying that after self-examination, the company is currently A potential acquisition transaction or cooperation event, initial contact with OSRAM related parties, the two sides only met once. As of now, there are no negotiations on the terms of the transaction (including scope and price), no binding documents, and whether the acquisition transaction or cooperation matters and related negotiations have significant uncertainties. The company's stock will resume trading on October 11. On October 6, according to German media reports, Chinese chip maker Sanan Optoelectronics plans to acquire Osram, a German lighting company. According to the current market price of 70 euros per share of OSRAM, the total acquisition cost is estimated to be 7.2 billion euros (about 53.7 billion yuan). After selling the lighting department to a Chinese consortium for 400 million euros in July 2016, OSRAM received an olive branch from a Chinese company.

Improve your ROI within a remarkably short period of time with the Quantus fiber laser. With faster speeds than plasma and a higher precision than Waterjet, the Quantus is priced well below other traditional Fiber Laser solutions, without any sacrifice in quality.

As a low maintenance CNC solution, the Quantus Fiber Laser effectively reduces high labor costs and nearly eliminates having to replace regular consumable parts associated with expensive Laser systems. This helps keep your expenses down and your production at an all time high. With power levels starting from 1500 Watts up to 8000 Watts, there is a Quantus to fit your budget and production needs.

Cut through nearly any type of metal quickly and easily with a high range of precision and accuracy. Coupled with MultiCam`s advanced and easy-to-use CNC control software allows your employees to efficiently integrate the Quantus into your workflow. Because of its versatility, the Quantus Fiber Laser is the most advanced, industrial grade and cost effective Laser cutting system on the market.

With a long rated Laser life of up to 100,000 hours, spend more time improving your throughput and less time setting up the machine. In addition, the Quantus Fiber Laser is backed by MultiCam`s world-renowned reputation for quality customer service and support. With 60 technology centers across the globe, you`ll have qualified service and support associates near you.

Cnc Fiber Laser

cnc fiber laser, fiber laser machine, fiber laser cutter, fiber laser machine cutting machine, fiber optic laser machine, fiber laser cutting machine

JINAN XUANLIN MACHINERY CO., LTD. , https://www.cncfiberlaser.com