Silicon Sensor International AG / Acquisition
24.03.2010 11:18
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.
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Ad hoc message § 15 WpHG
Silicon Sensor International AG, Peter-Behrens-StraÃe 15, 12459 Berlin
Frankfurter Wertpapierbörse, Prime Standard
German Security no. 720190, ISIN DE0007201907
Acquisition in the fields of MEMS sensor technology strengthen growth path
Berlin, March 24th
Silicon Sensor today reached an agreement upon the acquisition of 100% of
shares of First Sensor Technology, Berlin (FST). FST is one of the leading
suppliers of customer specific solutions in the fields of MEMS technology
(MEMS: Micro-Electro-Mechanical Sytems), which is rapidly gaining in
importance. The sellers are a group of financial investors. The actual
management of FST will continue to be in charge of operations and will
furthermore support the strategic development of Silicon Sensor. After the
consolidation of FST the Silicon Sensor Group expects 2010 sales of
approximately Euro 40 Mio.
The successful acquisition of the profitable operating FST, the last
independent developer and producer of silicon pressure sensors in Germany,
is a further milestone in the development of the Silicon Sensor Group
towards one of the leading European providers of customer specific sensor
solutions and strengthens its position in the actual marketplace. The
acquisition opens the doors to a number of market opportunities for the
Silicon Sensor Group:
- The FST development capacities and the technological know-how will
directly strengthen the value chain of the group.
- The existing sensor solutions will broaden the portfolio of the Silicon
Sensor Group und will guarantee the capacity utilization of the newly
built modern sensor plant in Berlin.
- The Silicon Sensor Group will benefit from the good image and the
strong customer relationships which the acquired company has
established since its start ten years ago.
- The acquisition will secure to the Silicon Sensor Group an important
source of supply for existing and future customer projects.
- Synergies in the fields of sales, purchasing and R&D will lead to
material cost savings within the enhanced Silicon Sensor Group.
About FST:
FST is one of the leading producers of piezoresistive pressure sensors in
Germany and caters to renowned customers in different industries. The
technologies employed by FST in the production of MEMS sensors are reckoned
to be among the most important next generation technologies within the
sensor industry. FST currently employs 35 people and reached sales of Euro
4 Mio. in 2009.
Silicon Sensor International AG
Board of Directors
24.03.2010 11:18 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: Silicon Sensor International AG
Peter-Behrens-StraÃe 15
12459 Berlin
Deutschland
Phone: +49 (0)30 63 99 23-710
Fax: +49 (0)30 63 99 23-719
E-mail: ir@silicon-sensor.de
Internet: www.silicon-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-Adhoc: Silicon Sensor International AG: Acquisition in the fields of MEMS sensor technology strengthen growth path
| Source: EQS Group AG