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
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 is a global leader in the design and manufacture of advanced sensor solutions and analog ICs. Our mission is to shape the world with sensor solutions by providing a seamless interface between humans and technology.
ams' high-performance analog products drive applications requiring extreme precision, dynamic range, sensitivity, and ultra-low power consumption. Products include sensors, sensor interfaces, power management and wireless ICs for consumer, communications, industrial, medical, and automotive markets.
With headquarters in Austria, ams employs over 1,600 people globally and serves more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS). More information about ams can be found at www.ams.com.
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