Analogue and sensor specialist, ams has acquired CMOSIS in a €220million deal. According to ams, the acquisition will expand its optical sensor portfolio and market leadership in the Industry 4.0, IoT and medical diagnostics markets.
CMOSIS’ image sensors serve a range of high-end applications in diverse markets including machine vision, medical, broadcast, traffic, scientific and photographic imaging. In addition, CMOSIS offers the award-winning NanEye miniature camera module line for endoscopy-like medical applications.
Kirk Laney, CEO of ams said: “Integrating cameras with advanced optical sensors will drive new sensor solutions across vertical markets and accelerate our growth plans as we combine CMOSIS’ leading edge IP and design capabilities with our manufacturing competence and optical sensor strengths.”
The expected full year 2015 revenues of CMOSIS is said to be approximately €60million with year-on-year revenue growth in 2016.
Luc de Mey, CEO of CMOSIS, added: “We are excited to join ams creating a leader in advanced imaging solutions. We will leverage ams’ technical and operational expertise and profit from the global access to potential new customers to realise our full growth potential.”
The transaction is expected to close within the next six weeks subject to certain regulatory approvals and the occurrence of certain conditions defined in the agreements with the sellers of the CMOSIS shares.
Pic: Kirk Laney, CEO of ams
Author
Tom Austin-Morgan
Source: www.newelectronics.co.uk