Flexible Electronics News

ams OSRAM Finalizes the Sale of Non‑Optical Analog/Mixed-Signal Sensor Business

Infineon buys the business for EUR570 million in cash as ams OSRAM focuses on Digital Photonics.

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By: Rachel Klemovitch

Assistant Editor

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ams OSRAM closes the sale of its non‑optical analog/mixed-signal sensor business to Infineon for EUR570 million in cash.

This supports ams OSRAM’s strategic refocusing towards creating the Leader in Digital Photonics, outlining its ambition to emerge as a focused semiconductor photonics powerhouse and the pure play leader in Digital Photonics.

“With the successful closing of this transaction, a decisive step in strengthening our balance sheet has been achieved, while continuing to sharpen our strategic focus to build the global leader in Digital Photonics,” said Aldo Kamper, CEO of ams OSRAM. “The divestment allows us to further concentrate our resources on our core business and on our growth opportunities. Moreover, we are convinced that Infineon provides an attractive home for the divested business and the transferring employees.”

The transaction, with the EUR 570 million cash consideration received at closing, is a further step in ams OSRAM’s broader portfolio refocusing towards core digital photonics growth vectors and supports its accelerated deleveraging plan.

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