EANS-Adhoc: ams AG ams announces completion of transaction to acquire the RFID
design center IDS
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announcement.
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13.11.2012
Unterpremstaetten, Austria (13 November 2012) - ams (SIX: AMS), a leading
worldwide designer and manufacturer of high performance analog ICs for consumer
& communications, industry & medical, and automotive applications, today
announced the completion of the transaction to acquire the IDS group.
To further enhance its successful RFID, NFC and wireless offerings and
technology leadership in these exciting markets, ams on 22 October 2012 entered
into an agreement to acquire 100% of the shares in IDS, a global design leader
for highly-integrated low-power RFID IC solutions and IP for HF and UHF
applications. The IDS group, comprising IDS d.o.o. (Slovenia) and IDS IP Holding
AG with its 100% subsidiary IDS Microchip AG (both in Switzerland), has
approximately 20 employees. The parties to the transaction have agreed to keep
the consideration confidential.
ams has worked closely with IDS over the last several years and plans to fully
integrate IDS's activities into its existing wireless business following the
closing. The addition of IDS with its intense expertise in wireless and sensing
makes ams one of the very few semiconductor vendors with complete RFID solutions
in LF, HF/NFC and UHF, both for readers and high performance tags.
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About ams
ams develops and manufactures high-performance analog semiconductors that solve
its customers' most challenging problems with innovative solutions. ams'
products are aimed at applications which require extreme precision, accuracy,
dynamic range, sensitivity, and ultra-low power consumption. ams' product range
includes sensors, sensor interfaces, power management ICs and wireless ICs for
customers in the consumer, industrial, medical, mobile communications and
automotive markets.
With headquarters in Austria, ams employs over 1,200 people globally and serves
more than 6,500 customers worldwide. ams is the new name of austriamicrosystems,
following the 2011 acquisition of optical sensor company TAOS Inc. ams is listed
on the SIX Swiss stock exchange (ticker symbol: AMS). More information about ams
can be found at www.ams.com.
Further inquiry note:
Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com
end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Unterpremstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
sector: Technology
ISIN: AT0000920863
indexes:
stockmarkets: official dealing: SIX Swiss Exchange
language: English