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OSRAM has signed an agreement with Townsend Ventures, LLC to increase its stake in Encelium Technologies from 15 percent to 100 percent. This move will enhance the company's position in two key global growth markets, LED based technologies and Light Management Systems (LMS). Encelium, headquartered in Teaneck, N.J., is a leading software technology development company concentrating in advanced lighting control and energy management systems for commercial and industrial buildings. Encelium will become part of the OSRAM General Lighting - LMS organization.