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
Original content of: ams AG, transmitted by news aktuell