EANS-Adhoc: ams AG ams enters agreement to acquire private sensor specialist
acam-messelectronic
--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------
Mergers - Acquisitions - Takeovers
04.12.2014
A leading provider of sensor solutions based on time-to-digital conversion,
acam-messelectronic expands ams' sensor solutions portfolio for high precision
applications
Unterpremstaetten, Austria (4 December 2014) - ams (SIX: AMS), a leading
worldwide manufacturer of high performance sensor and analog solutions, has
entered into an agreement to acquire 100% of the shares in acam-messelectronic,
a leader in highly accurate time-based measurement and related sensor solutions,
in an all-cash transaction.
Established in 1996, acam-messelectronic designs and markets sensor interface
solutions based on the company's time-to-digital converter (TDC) technology.
acam-messelectronic's time-based converter technology with picosecond resolution
creates significant advantages for demanding sensor applications. Shipping into
industrial, infrastructure, medical, and automotive systems, the company's
CMOS-based products measure timing, capacitance, resistance and rotational speed
at very high accuracy and speed with very low power consumption.
acam-messelectronic's technology offers superior performance in time-of-flight
and ultrasound-based measurement applications.
acam-messelectronic is headquartered in Stutensee, Germany, and the company has
approximately 25 employees. acam-messelectronic's annual revenues reach the high
single-digit million EUR range with attractive profitability. The parties to the
transaction, which is expected to close within the next week subject to certain
approvals and conditions, have agreed to keep the consideration confidential.
Following the closing, ams plans to integrate acam-messelectronic's activities
in current and emerging markets into its existing business at the present
location and to consolidate acam-messelectronic from the first quarter 2015
onwards.
Adding acam-messelectronic's time-to-digital sensor technology to ams' portfolio
of advanced sensors is a further step for ams towards shaping the world with
sensor solutions.
###
about ams
ams is a global leader in the design and manufacture of advanced sensor
solutions and analog ICs. Our mission is to shape the world with sensor
solutions by providing a seamless interface between humans and technology.
ams' high-performance analog products drive applications requiring extreme
precision, dynamic range, sensitivity, and ultra-low power consumption. Products
include sensors, sensor interfaces, power management and wireless ICs for
consumer, communications, industrial, medical, and automotive markets.
With headquarters in Austria, ams employs over 1,600 people globally and serves
more than 8,000 customers worldwide. 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
--------------------------------------------------------------------------------
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: AT0000A18XM4
indexes:
stockmarkets:
language: English