ams signs agreement to acquire VCSEL technology leader Princeton Optronics
(World News Austria)

Premstaetten, Austria (16 March 2017) - ams (SIX: AMS), a leading worldwide supplier of high performance sensor and analog solutions, has signed an agreement to acquire 100% of the shares in Princeton Optronics, Inc., a leading provider of Vertical Cavity Surface-Emitting Lasers (VCSELs), in an all-cash transaction. Princeton Optronics develops and supplies high performance VCSELs which offer specific differentiation for mobile,...