Osram forms captive business accelerator Fluxunit

Fluxunit will serve as the central point of contact for external and internal start-ups. On a functional level, the incubator, based in Munich, Germany, will work closely with Osram’s Innovation and Strategy Department.

Doug Chandler, Senior Staff Writer

Sept. 12, 2016

Osram announced the launch of a “captive business accelerator” to encourage innovative internal and external ideas, dubbed Fluxunit GmbH. Envisioned as a flexible company unit outside its established structures that will promote new and disruptive business ideas, Fluxunit will serve as the central point of contact for external and internal start-ups. On a functional level, the incubator, based in Munich, Germany, will work closely with Osram’s Innovation and Strategy Department.

“Osram aims to be the leading provider of digital and connected lighting solutions. With the help of Fluxunit, we will pro-mote and fuel breakthrough ideas while also bolstering our leading position in the lighting market through the introduction of innovations”, said Stefan Kampmann, CTO of OSRAM Licht AG.

About the Author

Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.