Indie Semiconductor Buys ams OSRAM Image Sensor Business

Indie Semiconductor agreed to acquire ams OSRAM's fabless CMOS image sensor business for €40 million. The deal includes €35 million cash at closing and a €5 million vendor note due in two years. The acquisition strengthens Indie's ADAS sensing and multimodal sensing capabilities across radar, vision, and LiDAR. The image sensor market is forecast to reach $40 billion by 2030.