Acuity Brands and ams OSRAM announces today definitive agreement on sale of their North America based Digital System Business. This segment of OSRAM primarily manufacturers of lighting control systems, electronics & drivers. This would be a great move by Acuity brands to strengthen their portfolio & may be worth a watch to see how consumer segment may benefit from this!

Two companies have a long standing relation of working together, since decades. Acuity would have access DS Business in USA, Canada and Mexico, including production facility in Monterrey, Mexico. Financial terms are not disclosed yet.