ams acquires MAZeT

ams acquires color and spectral sensing specialist MAZeT to extend its leadership in advanced optical sensing / Strategic transaction will drive color and spectral sensing growth opportunities in industrial, automotive and medical applications

Premstaetten, Austria, (PresseBox) - ams AG (SIX: AMS), a leading provider of high performance sensors and analog ICs, has closed the transaction to acquire 100% of the shares in the color and spectral sensing systems specialist MAZeT GmbH for an undisclosed amount in cash. The strategic acquisition extends ams’ market leadership in advanced optical sensors and strengthens ams’ position in emerging optical sensing applications.

Focused on industrial and medical applications, MAZeT offers very strong system and application know-how in advanced color and spectral sensing and outstanding optical engineering expertise. MAZeT’s capabilities include IC and filter design as well as hardware and software system development with its JENCOLOR® sensors being used currently in applications including airplane interior lighting, agricultural sensors, and medical skin lesion analysis.

The company also has a legacy business acting as module supplier to its previous industrial shareholders. MAZeT is profitable and based in Jena, Germany, with around 80 employees. The Jena region is a global center of excellence in optical technologies, which offers a strong basis to support ams’ growth plans going forward.

Dr. Fred Grunert, CEO of MAZeT GmbH, comments on the transaction: “MAZeT has been a pioneer in optical color and spectral sensor development and we are very pleased to join ams. Combining complementary products and the sensor expertise of both companies will create an even stronger leadership position with a leading portfolio of optical sensors targeting the automotive, industrial, medical and smart lighting end markets.”

“We are very excited to welcome the MAZeT team to ams. Adding MAZeT’s excellent optical know-how allows us to create new product and application opportunities in areas such as sensing and controlling lighting, measuring physical parameters or matching colors on a display to the real world. ams’ operational and manufacturing capabilities and global sales reach will offer additional synergies increasing the strategic potential of this transaction”, adds Thomas Riener, EVP & General Manager Emerging Sensor Solutions at ams.

About ams AG

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 2,100 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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MAZeT GmbH

MAZeT GmbH is a leading European engineering and manufacturing service provider. The company was founded in 1992 and is based in Jena. MAZeT develops, manufactures and distributes customer specific devices, software and ASICs distributes own products of the trademark JENCOLOR®. The broad technology offer and application know-how in this field of industry electronics and opto-sensor technology lets MAZeT GmbH be a competent and reliable service partner for every customized client-specific solution. Their expertise and components for custom applications are used throughout the entire sector of industrial metrology, control and automation as well as medical technology.

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