ams AG

EANS-Adhoc: ams AG
ams acquires CCMOSS to become world leader in gas and infrared sensing

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Mergers - Acquisitions - Takeovers
16.06.2016


Completing ams' sensor portfolio, transaction creates technology leader in
CMOS-based gas sensing and infrared sensing for automotive, industrial, medical,
and consumer applications

Premstaetten, Austria (16 June 2016) - ams (SIX: AMS), a leading worldwide
manufacturer of high performance sensor and analog solutions, has signed an
agreement to acquire 100% of the shares in Cambridge CMOS Sensors Ltd (CCMOSS),
the technology leader in micro hotplate structures for gas sensing and infrared
applications, in an all-cash transaction.
 
CCMOSS' micro hotplates are MEMS structures that are used in gas sensors for
volume applications in the automotive, industrial, medical, and consumer
markets. The company's deep expertise in this area is highly synergetic with
ams' technology leadership in MOX gas sensing materials to detect gases like CO,
NOx, and VOCs. CCMOSS' manufactures these MEMS structures on CMOS wafers
allowing the creation of complete monolithically integrated CMOS sensor ICs.
This makes CCMOSS' solutions highly cost-efficient, besides offering other
significant advantages over competing technologies like low power consumption,
small footprint and the ability to integrate additional sensor modalities like
relative humidity, temperature, and pressure.

In addition, CCMOSS commands an industry-leading portfolio of IR technology
comprising high performance IR radiation sources and detectors for sensor
applications. Highly complementary to ams' spectral sensing strategy for next
generation optical sensor technologies, CCMOSS' IR sensing is based on the same
monolithic CMOS structures as for gas sensing, enabling miniaturized
implementations and efficient integration with other on-chip functions.
Applications include CO2 gas sensing and human presence detection and will
extend into spectroscopic identification of organic materials. 

Founded in 2008 as a spin-off from Cambridge University, with the start of
technology development dating back to 1994 in collaboration with the University
of Warwick, CCMOSS has built an outstanding expertise in micro hotplate design
and manufacturing for gas and infrared sensing over more than 20 years. CCMOSS'
corporate headquarters are located in Cambridge, UK, and the company has 33
employees. The Cambridge region has become a center of innovation for sensor
technologies globally so ams values the ability to gain direct access to this
attractive ecosystem going forward. CCMOSS currently has product revenues on a
small scale but is not yet profitable. 

The parties to the transaction, which is expected to close within a week given
that no regulatory approvals are needed, have agreed to keep the consideration
confidential. ams plans to fully integrate CCMOSS' activities into its existing
environmental sensor business, which has development locations in Eindhoven, the
Netherlands, and Reutlingen, Germany. 

Alexander Everke, CEO of ams, commented on the transaction, "The addition of
CCMOSS makes ams the clear leader in gas and infrared sensor technology
worldwide, and completes ams' portfolio of products and technologies for the
environmental sensor market. This highly strategic acquisition is therefore
another key step in making ams the world's leading provider of sensor solutions
for consumer, automotive, industrial, and medical applications."
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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 2,100 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
Senior 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:        AT0000A18XM4
indexes:     
stockmarkets: official dealing: SIX Swiss Exchange 
language:   English
 

Original-Content von: ams AG, übermittelt durch news aktuell

Weitere Meldungen: ams AG

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