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Osram Invests in Growth of Horticultural Lighting with Acquisition of Fluence Bioengineering

Horticultural lighting is one of the most vibrant markets for both research and development and new applications. Lighting giant Osram, Munich, Germany (with its U.S. facilities based in Wilmington, MA) took a big next step in its quest to become the leading provider of intelligent plant growth lighting by acquiring Fluence Bioengineering, Inc. of Austin, TX. Terms of the deal were not disclosed.

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