ams-OSRAM AG has sold off its non-optical analog/ mixed-signal sensor business to Infineon Technologies AG for €570 million.
The sale included the sale of shares of ams Semiconductors India Private Limited, a wholly owned subsidiary of ams-OSRAM AG, to an Indian subsidiary of Infineon Technologies.
TT&A advised ams-OSRAM on the Indian leg of the transaction.
The transaction team consisted of Kunal Thakore (Partner), Pratika Shankar (Partner) and Aanchal Kabra (Associate).
AZB & Partners advised Infineon Technologies on the Indian leg of the transaction.
The transaction was led by Darshika Kothari ( Senior Partner) and Divya Mundra (Senior Partner).
Linklaters advised ams-OSRAM on the overall global transaction.
The transaction was led by Stephan Oppenhoff (Partner).
Gleiss Lutz advised Infineon Technologies on the overall global transaction.
The transaction team was led by Dr. Ralf Morshäuser (Partner) and Dr. Tobias Falkner (Counsel, both M&A), and consisted of:
M&A team: Dr. Melina Grauschopf, Dr. Pirmin Schreiner, Niklas Schobel, Kai Zimutta;
Tax team: Dr. Stefan Mayer (Partner), Dr. Ocka Stumm (Partner), Dr. Dominik Monz (Counsel);
IP team: Dr. Matthias Werner (Partner), Dr. Johannes Bernhardt, Magdalena Rauch;
Antitrust team: Dr. Moritz Holm-Hadulla (Partner), Dr. Antonia Hagedorn, Dr. Marcel Zober;
Foreign Investment Control: Aylin Hoffs (Counsel);
Employment team: Dr. Steffen Krieger (Partner), Dr. Jonas Hofer (Parnter);
Finance: Dr. Eva Reudelhuber (Partner).
The in-house legal team of Infineon Technologies was led by Michael Steinbach (Senior Director & Corporate Legal Counsel).
Gleiss Lutz is advising Infineon as lead counsel on the transaction together with Cravath, Swaine & Moore (United States and United Kingdom), Schoenherr (Austria), Walder Wyss (Switzerland), AZB & Partners (India), Zhong Lun (China) and Garrigues (Spain).
ams-OSRAM is an Austrian semiconductor manufacturer, acting as a global leader in digital photonics and pioneering advanced light and sensor solutions.
Infineon Technologies is a German company designing and manufacturing semiconductor devices.
This acquisition strengthens its position as a leader in sensors for automotive and industrial markets through a complementary portfolio and expands its product range in medical applications.
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