ARTICLE · 10 JULY 2020

Ams Completes Acquisition Of Osram

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Within days of receiving EU regulatory approval Austrian sensor company Ams announced July 9th completion of the acquisition of Munich based Osram Licht AG. Ams now holds 69% of outstanding shares...

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Within days of receiving EU regulatory approval Austrian sensor company Ams announced July 9th completion of the acquisition of Munich based Osram Licht AG. Ams now holds 69% of outstanding shares in a deal that values Osram at more than ?4 billion. This is the finale to a story which saw Osram subject of a takeover bid by Bain and Caryle in summer of 2019, having originally spun off from Siemens in 2013. Osram has struggled over recent years dealing with weakness in its core automotive sector customer group and has been pursuing a transformation from its roots as a light bulb manufacturer to become a high-tech supplier of chip, sensors and digital lighting systems. With the deal completed Ams can now focus on its strategic ambition to be a global leader in sensor solutions and photonics for both mobile and consumer, as well as for automotive, industrial and medical applications.

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