Indie Semiconductor Announces Acquisition of ams OSRAM's CMOS Image Sensor Business
Indie Semiconductor (INDI) has agreed to acquire ams OSRAM’s fabless CMOS image sensor business for €40 million, enhancing its capabilities in industrial automation and AI applications. The deal includes an initial payment of €35 million at closing and a €5 million vendor note due two years later.
Tickers: $INDI
Topics: automotive tech image sensors penny stocks