EANS-Adhoc: ams AG ams announces completion of transaction to acquire
Princeton Optronics
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Mergers - Acquisitions - Takeovers
03.07.2017
Premstaetten - Premstaetten, Austria (3 July 2017) - ams (SIX: AMS), a leading
worldwide supplier of high-performance sensor solutions, announces the
completion of the transaction to acquire 100% of the shares in Princeton
Optronics, Inc.
On 16 March 2017, ams announced that the company had signed an agreement to
acquire Princeton Optronics, Inc., a leading provider of high performance
Vertical Cavity Surface-Emitting Lasers (VCSELs) which offer specific
differentiation for mobile, consumer, automotive, and industrial applications.
VCSELs are specifically gaining traction in optical sensor solutions for
consumer 3D imaging, future autonomous driving applications and the Human
Machine Interface (HMI).
Further inquiry note:
Moritz M. Gmeiner
Vice President 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 Premstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
ISIN: AT0000A18XM4
indexes:
stockmarkets: SIX Swiss Exchange
language: English