2019-03-20

ams and Wise Road Capital Set up Joint Venture for Environmental Sensors Development

ams, the sensing component supplier of Apple, announced that it will establish a joint venture with Wise Road Capital, a global Private Equity firm focusing on the semiconductor industry and other emerging high-tech industries. The two companies have signed an agreement to create a joint venture to advance the development and sales of environmental, flow and pressure sensor solutions for the global market. Under the agreement, employees, IP, sensor products and solutions and related customers will transfer from ams to the joint venture, while Wise Road Capital will provide it...
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