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angle-left 11/13/2012 - ams announces completion of transaction to acquire the RFID design center IDS

ams announces completion of transaction to acquire the RFID design center IDS

2012/11/13

German version

Unterpremstaetten, Austria (13 November 2012) - ams (SIX: AMS), a leading worldwide designer and manufacturer of high performance analog ICs for consumer & communications, industry & medical, and automotive applications, today announced the completion of the transaction to acquire the IDS group.

To further enhance its successful RFID, NFC and wireless offerings and technology leadership in these exciting markets, ams on 22 October 2012 entered into an agreement to acquire 100% of the shares in IDS, a global design leader for highly-integrated low-power RFID IC solutions and IP for HF and UHF applications. The IDS group, comprising IDS d.o.o. (Slovenia) and IDS IP Holding AG with its 100% subsidiary IDS Microchip AG (both in Switzerland), has approximately 20 employees. The parties to the transaction have agreed to keep the consideration confidential.

ams has worked closely with IDS over the last several years and plans to fully integrate IDS’s activities into its existing wireless business following the closing. The addition of IDS with its intense expertise in wireless and sensing makes ams one of the very few semiconductor vendors with complete RFID solutions in LF, HF/NFC and UHF, both for readers and high performance tags.