ams Enters Agreement to Acquire Private Sensor Specialist acam-messelectronic
December 05 2014 - 3:06AM
Business Wire
A leading provider of sensor solutions based on
time-to-digital conversion, acam-messelectronic expands ams’ sensor
solutions portfolio for high precision applications
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 for accounting purposes 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.
ams AGMoritz GmeinerDirector Investor Relationsphone: +43 (0)
3136 500 31211investor@ams.comwww.ams.com
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