ams sells MEMs microphone business to Knowles

In view of significant future opportunities in optical technologies, ams will divest its high performance interface ASIC design business for MEMS microphones which has worked in close partnership with Knowles for a number of years to create bespoke audio sensor interfaces.

The transaction includes the transfer of a an ASIC design team, related intellectual property rights and sourcing rights for ASIC wafers from multiple foundry partners for a total consideration of  $58 million in cash. The transaction has already been closed. 

“As we drive ams towards becoming a Sensor Solutions and Photonics leader, we have taken this step to secure a strong investment for the excellent ams IP and the expertise of the ams team in MEMS microphone applications,” said Chris Feige, Head of Ear Solutions at ams. “With its market-leading understanding from design to execution in advanced micro-acoustics and audio processing and building on our established relationship, Knowles is an excellent partner for this transaction.”