Cambridge University spinout and Cambridge Enterprise Fund portfolio company Cambridge CMOS Sensors has been acquired for an undisclosed amount by Ams.
Cambridge CMOS Sensors, a spinout of Cambridge University, has been acquired by Austria-based semiconductor manufacturer Ams.
The size of the all-cash transaction was not disclosed.
Founded in 2008, Cambridge CMOS Sensors creates sensors for use in gas sensing and infrared applications. Its technology was developed at the university’s Department of Engineering, with additional research licensed from Warwick University.
The technology has apploications in the automotive, industrial, medical and consumer markets.
Ams plans to integrate Cambridge CMOS Sensors’ technology into its existing environmental sensor business.
Cambridge CMOS Sensors’ shareholders include the Cambridge Enterprise Fund, Parkwalk Advisors, Martlet and Providence Investments, though further details about funding rounds have not been revealed.
Alexander Everke, chief executive of Ams, said: “The addition of Cambridge CMOS Sensors makes Ams the clear leader in gas and infrared sensor technology worldwide, and completes Ams’ portfolio of products and technologies for the environmental sensor market.
“This highly strategic acquisition is therefore another key step in making Ams the world’s leading provider of sensor solutions for consumer, automotive, industrial, and medical applications.”