AMS Acquires Total Princeton Shares
PREMSTAETTEN, Austria, March 29, 2017 — AMS AG, a supplier of high-performance sensor and analog solutions, has signed an agreement to acquire 100 percent of the shares in Princeton Optronics Inc., a provider of vertical cavity surface-emitting lasers (VCSELs), in an all-cash transaction. “Adding the illumination source expands AMS’ optical sensor solutions offering with the light path optics covered by Heptagon and the light sensor including filters by AMS,” said Alexander Everke, CEO of AMS.