Smart Lighting M&A Alert: Digital Lumens Acquired by Osram

By [email protected] Digital Lumens, a startup with a sensored, networked LED lighting platform, has been bought by Osram, one of a few top dogs in the global lighting industry. Now, both companies are eyeing smart building applications far beyond keeping the lights on.

Wednesday’s press release didn’t disclose financial terms, but Reuters reported that a source close to the deal said it was in the “mid-double-digit million-dollar” range. It’s worth noting that Digital Lumens also used the same term in the press release to describe its sales over the past fiscal year.

Such a vague figure makes it unclear at present whether

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