April 12, 2014
AMS ENTERS AGREEMENT TO ACQUIRE PRIVATE SENSOR SPECIALIST ACAM-MESSELECTRONIC
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 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.