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21st Austria weekly - ams (23/12/2019)

29.12.2019

ams: ams, a worldwide supplier of high- performance sensor solutions, announces the divestment of its MEMS microphone interface design assets to its customer Knowles Corporation, a global provider of advanced micro-acoustic, audio processing, and precision device solutions. Continuing its strategic focus on sensor solutions and in view of significant future opportunities in optical technologies, ams will divest its industry-leading high performance interface ASIC design business for MEMS microphones which has worked in close partnership with Knowles for a number of years to create bespoke audio sensor interfaces. The transaction includes the transfer of a well-respected ASIC design team, related intellectual property rights and sourcing rights for ASIC wafers from multiple foundry partners for a total consideration of USD 58 mn in cash. The transaction has already been closed. “As we drive ams towards becoming a Sensor Solutions and Photonics leader, we have taken this step to secure a strong investment for the excellent ams IP and the expertise of the ams team in MEMS microphone applications,” said Chris Feige, Head of Ear Solutions at ams.
AMS: weekly performance: -6.04%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (23/12/2019)


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21st Austria weekly - ams (23/12/2019)


29.12.2019


ams: ams, a worldwide supplier of high- performance sensor solutions, announces the divestment of its MEMS microphone interface design assets to its customer Knowles Corporation, a global provider of advanced micro-acoustic, audio processing, and precision device solutions. Continuing its strategic focus on sensor solutions and in view of significant future opportunities in optical technologies, ams will divest its industry-leading high performance interface ASIC design business for MEMS microphones which has worked in close partnership with Knowles for a number of years to create bespoke audio sensor interfaces. The transaction includes the transfer of a well-respected ASIC design team, related intellectual property rights and sourcing rights for ASIC wafers from multiple foundry partners for a total consideration of USD 58 mn in cash. The transaction has already been closed. “As we drive ams towards becoming a Sensor Solutions and Photonics leader, we have taken this step to secure a strong investment for the excellent ams IP and the expertise of the ams team in MEMS microphone applications,” said Chris Feige, Head of Ear Solutions at ams.
AMS: weekly performance: -6.04%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (23/12/2019)




 

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