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Seven major chip acquisitions valued at USD 1bn or more
February 12, 2020
Semiconductor merger and acquisition activity strengthened in 2019 after pulling back in the two previous years from historic high levels of M&A agreements in 2015 and 2016.
ams reports record results for full year 2019
February 11, 2020
Austrian sensor manufacturer ams reports that its revenues for 2019 was up 32% year-on-year, and fourth quarter revenues exceeded expectations with strong adjusted operating profitability.
Season Group strengthens wireless R&D & manufacturing capability
January 17, 2020
Season Group has invested in, and installed, two high-speed and high-precision wireless communication testers - Rohde & Schwarz’s R&S CMW500 Wideband Radio Communication Tester and R&S CMW100 Communications Manufacturing Test Set.
Knowles acquires Microphone Design assets from ams AG
December 23, 2019
Knowles has acquired the MEMS microphone ASIC design business from ams AG. The transaction includes intellectual property, rights to source ASIC wafers from multiple foundry partners, and the transfer of the ASIC design team, which will continue to be based in Switzerland.
Osram invites ams to talks about the future
December 09, 2019
Following the successful takeover offer from ams AG, Osram’s Managing Board has invited the management of ams to make the journey together to becoming a global technology powerhouse for sensor solutions and photonics on the basis of the Business Combination Agreement.
Osram recommends current takeover offer from ams
November 12, 2019
Osram says it has concluded a business combination with Austrian chipmaker ams and is recommending its shareholders to accept the current takeover offer.
RoodMicrotec takes leading role in APPLAUSE
October 29, 2019
A consortium of 31 key players for packaging of electronics, optics and photonics, equipment suppliers and testing experts from 11 countries launched a new project, “Advanced packaging for photonics, optics and electronics for low cost manufacturing in Europe,” simply called APPLAUSE.
ams is not backing down – launches new offer for Osram
October 21, 2019
The Austrian sensor manufacturer says that it intends to launch a new all-cash takeover offer for Osram Licht for EUR 41.00 per share.
ams failed to complete its takeover of Osram
October 09, 2019
The Austrian company’s offer for Osram did not achieve minimum acceptance threshold. However, ams says it remains committed to pursue the acquisition.
ams ups its offer for OSRAM
September 30, 2019
The Austrian chipmaker is responding to the offer that OSRAM received from Advent and Bain Capital by increasing its own.
The courtship of Osram continues - Bain is not giving up
September 26, 2019
A consortium comprising of Advent and Bain Capital has indicated it is willing to make a new takeover offer for all outstanding shares of OSRAM Licht AG.
ams is confident of successful acquisition of Osram
September 18, 2019
ams says that it expects to hold an extraordinary general meeting (EGM) around the end of October 2019 to approve the equity issuance in conjunction with the all-cash takeover offer for OSRAM Licht AG.
ams' offer is officially on the table - acceptance period starts now
September 04, 2019
Austrian sensor specialist, ams, has published the offer document and thereby starting the acceptance period of its offer for all outstanding shares of OSRAM Licht AG.
Osram clears way for ams takeover offer
August 22, 2019
Osram says it has waived the existing standstill agreement with ams and signed a cooperation agreement. This clears the way for a voluntary public takeover offer by ams AG.
Osram says negotiations with ams are constructive
August 15, 2019
Osram says that it has held constructive discussions on a Business Combination Agreement and on other topics with ams since Tuesday and will continue to do so.
Osram responds to ams' offer - decides to start negotiations
August 13, 2019
"In our preliminary assessment, the financing concept presented appears binding and viable," says Osram as it confirms that ams AG has made an offer for a voluntary public takeover offer.
ams makes a u-turn - submits an offer for Osram
August 12, 2019
ams says that it has submitted a fully financed proposal to Osram Licht AG for an all-cash takeover offer for 100% of the share capital of the company at a price of EUR 38.50 per share.
Cell phone 3D sensing market enters growth stage
July 22, 2019
LEDinside predicts that smartphone shipments are to decline for whole 2019 year, cell phone brands will be engaging in a 'specs -contest' with their flagship devices for the second half-year, and 3D sensing modules will become an important component in that race.
ams not 'interested' in Osram Licht after due diligence
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July 16, 2019
Updated: First made public by Osram Licht, ams has now notes a recent publication by Osram Licht AG regarding a preliminary, non-binding expression of interest by ams for OSRAM Licht AG.
Today, OSRAM Licht AG (OSRAM) received a non-binding, preliminary expression of interest of ams AG (AMS) to engage in discussions about a public takeover of OSRAM by AMS. Subject to the results of detailed due diligence and success in securing the required financing commitments for the transaction, AMS preliminarily values OSRAM at EUR 38.50 per share. AMS indicated that the funding of the offer shall be supported by a temporary bridge-loan facility of EUR 4.2 billion, which in part shall be refinanced at a later date by a capital increase in the amount of at least CHF 1.7 billion. Currently, neither the bridge-loan nor the equity portion are supported by binding commitments; any other coverage of operational funding requirements has not been clarified. On the basis of the information as per today, the Managing Board of OSRAM Licht AG does regard the probability of this transaction materializing as rather low. However, OSRAM will enable AMS to perform due diligence within strict compliance of anti-trust requirements in order to possibly remove the substantial uncertainties pertaining to the funding of the transaction intended by AMS. In addition, OSRAM will urge AMS to agree to honor the well-established interests of the company and other important stakeholders, and commit to enter into a respective legally binding agreement.
