INDI · indie Semiconductor, Inc.

indie Semiconductor has entered into a strategic acquisition of ams-OSRAM's fabless CMOS image sensor business, primarily operated in Belgium and Portugal, for 40 million EUR. The deal structure involves indie UK's purchase of all shares in ams Sensor Belgium B.V. and assumption of related liabilities, with indie Semiconductor guaranteeing the obligations. Consideration splits into 35 million EUR cash at closing—subject to working capital adjustments—and a 5 million EUR vendor note carrying 2.5% annual interest due 24 months later. This transaction directly augments indie's automotive ADAS sensing solutions by adding high-performance CMOS imagers, enhancing multimodal capabilities across radar, vision, LiDAR, and ultrasonic technologies. Management highlights integration with existing sensor-fusion hardware and perception software to target next-generation autonomous machines, including humanoid robots, cobots, and AMRs, while expanding GaN SLED light-source offerings. The acquisition positions indie to tap into the growing physical AI market, aligning with industry trends in autonomy, safety regulations, and AI-based vision systems. Closing remains contingent on regulatory approvals and is slated for Q3 2026, with expectations of immediate accretiveness upon completion.