ams AG

EANS-Adhoc: ams AG
ams enters agreement to acquire private gas sensor specialist AppliedSensor

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Mergers - Acquisitions - Takeovers
04.06.2014


A global leader in solid-state gas sensors, AppliedSensor expands ams' sensor
solutions portfolio to support new volume applications in industrial,
automotive, and consumer

Unterpremstaetten, Austria (4 June 2014) - ams (SIX: AMS), a leading worldwide
manufacturer of high performance sensor and analog solutions, has entered into
an agreement to acquire 100% of the shares in AppliedSensor, a global leader in
solid-state chemical gas sensor solutions for high volume markets, in an
all-cash transaction.

Established in 2000, AppliedSensor designs, manufactures and markets chemical
gas sensors for appliance, automotive, building automation, consumer and
industrial applications. AppliedSensor provides MEMS sensors for the detection
of gases such as CO, NO2, NH3, CH4, and volatile organic compounds (VOCs), as
well as Field Effect (FE) sensors for the selective detection of hydrogen. As an
important supplier of safety, energy efficiency and comfort solutions for global
mass markets, AppliedSensor is currently developing a dedicated gas sensor
solution together with a leading German industrial OEM.

AppliedSensor's corporate headquarters are located in Reutlingen, Germany, and
the group has approximately 25 employees. AppliedSensor's annual revenues reach
the high single-digit million EUR range and the company is profitable. Its
largest shareholder is Verdane Capital VI, a Nordic private equity fund, which
first invested in the company in 2008. The parties to the transaction, which is
expected to close within the next four weeks subject to certain approvals and
conditions, have agreed to keep the consideration confidential. ams plans to
fully integrate AppliedSensor's activities into its existing businesses
following the closing.

The addition of AppliedSensor's MEMS gas sensor technology to ams' expertise in
advanced sensor design underlines ams' evolution into a sensor solutions
provider focused on industry-leading innovation and best-in-class performance.

###

about ams 

ams develops and manufactures high performance analog semiconductors that solve
its customers' most challenging problems with innovative solutions. ams'
products are aimed at applications which require extreme precision, accuracy,
dynamic range, sensitivity, and ultra-low power consumption. ams' product range
includes sensors, sensor interfaces, power management ICs and wireless ICs for
customers in the consumer, industrial, medical, mobile communications and
automotive markets.

With headquarters in Austria, ams employs over 1,400 people globally and serves
more than 7,800 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.


Further inquiry note:
Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com

end of announcement                               euro adhoc 
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issuer:      ams AG
             Tobelbader Strasse   30
             A-8141 Unterpremstaetten
phone:       +43 3136 500-0
FAX:         +43 3136 500-931211
mail:     investor@ams.com
WWW:      www.ams.com
sector:      Technology
ISIN:        AT0000920863
indexes:     
stockmarkets: official dealing: SIX Swiss Exchange 
language:   English
 

 


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