AMS Reconsiders Osram Takeover Plan

Sensor maker ams once again changed its mind for the Osram takeover plan. The company said on July 23rd that decided to re-evaluate a potential transaction with Osram after ams talked with its potential financial partners.

ams reported last week that it did not see “sufficient basis” for continuous talking with Osram one day after the German company announced in public ams’ takeover approach. ams has proposed an offer of EUR 38.5 (US$42.9) per share for acquiring Osram. However, the Austrian company now said that after discussion with potential financial partners, it will reconsider the transaction with Osram with the belief that ams “can arrange prudent and committed financing for this potential transaction.”

Osram also announced confirmation and support of the offer by Bain Capital and the Carlyle Group with the amount of EUR 35 (US$40) per share earlier in July.

ams’s revenues of 2Q19 grew 8% QoQ and 72% YoY to US$415.2 million and its adjusted gross margin came to 37%. The company offers comprehensive product portfolio for VCSEL-based 3D sensing solution including structured light (SL), time-of-flight (ToF), and active stereo vision (ASV) for growing applications.

The company aims to extend its automotive business as well. It has teamed up with tier 1 system supplier ZF and technology partner IBEO for VCSEL illumination in solid-state 3D LiDAR. A Financial Time report pointed out that the plan to take over Osram marked ams’ focus on extending its automotive sector.

Related reading:

AMS Withdraws Takeover Offer to Osram within One Day due to “Insufficient Basis”

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE