AcquisitionsMay 11, 2026, 04:39 PM
indie Semiconductor to Acquire ams-OSRAM's CMOS Sensor Business for 40M
AI Summary
indie Semiconductor, through its wholly-owned subsidiary indie UK, has signed a Master Agreement to acquire the CMOS image sensor business from ams-OSRAM AG for a total consideration of 40.0 million EUR (approximately $47.1 million). The deal includes a 35.0 million EUR cash payment at closing and a 5.0 million EUR vendor debt note. This acquisition is expected to augment indie's ADAS portfolio, strengthen its multimodal sensing capabilities, and support its expansion into physical AI applications. The transaction is subject to regulatory approvals and is anticipated to close in the third quarter of 2026, with immediate accretion expected.
Key Highlights
- indie UK to acquire CMOS image sensor business from ams-OSRAM AG for 40.0 million EUR (approx. $47.1 million).
- Consideration includes a 35.0 million EUR cash payment at closing, subject to adjustments.
- A 5.0 million EUR vendor debt note from ams-OSRAM, with 2.5% interest, payable 24 months post-closing.
- Acquisition is subject to customary closing conditions, including regulatory approvals.
- Expected to close in the third quarter of 2026 and be immediately accretive.
- Augments indie's ADAS portfolio and supports expansion into Physical AI applications.
- Strengthens multimodal sensing capabilities across radar, vision, LiDAR, and ultrasonic.