ams AG / ams announces completion of transaction to acquire Princeton Optronics

03.07.2017, 1312 Zeichen

Premstaetten - Premstaetten, Austria (3 July 2017) - 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

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).


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 stockmarkets: SIX Swiss Exchange language: English

Digital press kit: http://www.ots.at/pressemappe/2901/aom

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