EANS-Adhoc: ams AG
ams announces completion of transaction to acquire the RFID
design center IDS
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 13.11.2012 Unterpremstaetten, Austria (13 November 2012) - ams (SIX: AMS), a leading worldwide designer and manufacturer of high performance analog ICs for consumer & communications, industry & medical, and automotive applications, today announced the completion of the transaction to acquire the IDS group. To further enhance its successful RFID, NFC and wireless offerings and technology leadership in these exciting markets, ams on 22 October 2012 entered into an agreement to acquire 100% of the shares in IDS, a global design leader for highly-integrated low-power RFID IC solutions and IP for HF and UHF applications. The IDS group, comprising IDS d.o.o. (Slovenia) and IDS IP Holding AG with its 100% subsidiary IDS Microchip AG (both in Switzerland), has approximately 20 employees. The parties to the transaction have agreed to keep the consideration confidential. ams has worked closely with IDS over the last several years and plans to fully integrate IDS's activities into its existing wireless business following the closing. The addition of IDS with its intense expertise in wireless and sensing makes ams one of the very few semiconductor vendors with complete RFID solutions in LF, HF/NFC and UHF, both for readers and high performance tags. ### About ams ams develops and manufactures high-performance analog semiconductors that solve its customers' most challenging problems with innovative solutions. ams' products are aimed at applications which require extreme precision, accuracy, dynamic range, sensitivity, and ultra-low power consumption. ams' product range includes sensors, sensor interfaces, power management ICs and wireless ICs for customers in the consumer, industrial, medical, mobile communications and automotive markets. With headquarters in Austria, ams employs over 1,200 people globally and serves more than 6,500 customers worldwide. ams is the new name of austriamicrosystems, following the 2011 acquisition of optical sensor company TAOS Inc. 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: AT0000920863 indexes: stockmarkets: official dealing: SIX Swiss Exchange language: English
Original-Content von: ams AG, übermittelt durch news aktuell