At what enterprise value was AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) acquired in 2026?

During the acquisition of AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) by INFINEON TECHNOLOGIES in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) when it was acquired by INFINEON TECHNOLOGIES?

The estimated EV/EBITDA multiple for AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) is in the range of 5x - 12x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

What was the revenue of AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) at the time of the deal?

The revenue of AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) at the time of the deal is estimated to be in the range of 150M - 250M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) during the acquisition?

AMS-OSRAM (NON-OPTICAL SENSOR DIVISION)'s EBITDA is estimated to be in the range of 50M - 100M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.finance-magazin.de/deals/ma/ams-osram-treibt-entschuldung-voran-geschaeftsbereich-verkauft-235993/

← DATABASE

Home Database TMT (Tech, Media, Telecom)AMS-OSRAM (NON-OPTICAL SENSOR DIVISION)

02/2026

AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) acquired by INFINEON TECHNOLOGIES

AUSTRIA Hardware & Electronics / Electronic Components / Sensors & Optics EV 500M - 1.5b EUR

Context

Infineon agreed to acquire the non-optical sensor business from AMS-Osram in a strategic carve-out. For AMS-Osram, this divestment marks a definitive pivot towards becoming a pure-play "Digital Photonics" leader, shedding non-core assets to focus entirely on optical semiconductors (LEDs, lasers, optical sensors). For Infineon, the acquisition strengthens its technological footprint in high-precision sensing without the burden of acquiring additional factories. The deal is structured as a "fabless" asset transfer: Infineon acquires the intellectual property, customer contracts, and R&D teams, but has signed a long-term supply agreement for AMS-Osram to continue manufacturing the wafers as a foundry service.

AMS-OSRAM (NON-OPTICAL SENSOR DIVISION), which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

The divested business unit encompasses AMS-Osram's portfolio of non-optical analog and mixed-signal sensors. These components are critical for data acquisition in automotive systems (position, temperature), Corporate automation, and medical devices (X-ray detectors). The division employs approximately 230 people, primarily in R&D and management, who will transfer to the acquirer. Crucially, the transaction does not include the physical production facilities

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Similar deals in Hardware & Electronics

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
04/2026	GROUPE PASSMAN	HOTEL TECHNOLOGY MANAGEMENT (HTM)	UNITED KINGDOM	IT Equipment
03/2026	ECOLAB	COOLIT SYSTEMS	CANADA	Servers & Networks
02/2026	SENSTAR TECHNOLOGIES CORPORATION	BLICKFELD	GERMANY	Sensors & Optics
02/2026	MANAGEMENT & PRIVATE INVESTORS	PRIMAL GROUP (FORMERLY SOLEM)	FRANCE	IoT & Connected Objects
01/2026	KEENFINITY	AVONIC	NETHERLANDS	IoT & Connected Objects
12/2025	BPIFRANCE / MBDA	NANOXPLORE	FRANCE	Chips & Processors
12/2025	LEGRAND	COGELEC	FRANCE	IT Equipment
12/2025	WABTEC	FRAUSCHER	AUSTRIA	Sensors & Optics
07/2025	NAZCA CAPITAL	TELTRONIC	SPAIN	IT Equipment
06/2025	TRITON PARTNERS	KEENFINITY	GERMANY	IT Equipment

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 150M - 250M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AMS-OSRAM (NON-OPTICAL SENSOR DIVISION) by INFINEON TECHNOLOGIES are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: ams-osram (non-optical sensor division)