ams OSRAM Sells CMOS Image Sensor Business

ams OSRAM sells its CMOS Image Sensor business to indie Semiconductor Inc. for EUR 40m in cash, further concentrating its growth investments into AI Photonics and AR smart glasses.

The CIS business fits well within indie Semiconductor’s portfolio and strategic direction and will thus be in a good position to further its business. 

​​​​​​​“With the divestment of our CMOS Image Sensor (CIS) business to indie, we are further sharpening our profile as the leader in Digital Photonics. While CIS represents a strong technology platform, our strategic priority is to concentrate investments on those AI-driven segments that offer the most promising growth prospects and where we clearly differentiate, including AI Photonics and AR smart glasses. At the same time, the expected cash proceeds provide an additional contribution to our accelerated balance sheet deleveraging. Our transformation into the Digital Photonics powerhouse is progressing,” said Aldo Kamper, CEO of ams OSRAM.

The transaction supports ams OSRAM’s accelerated deleveraging plan and enables continued focus on core digital photonics growth vectors. 

Completion of the transaction is subject to customary closing conditions and is expected within the next six months.