EANS-Adhoc: ams AG
ams announces completion of transaction to acquire
Princeton Optronics
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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
Original content of: ams AG, transmitted by news aktuell