Freshfields advises ams Osram on CIS sale
Freshfields is advising ams Osram on the divestiture of its CMOS Image Sensor (CIS) business to indie Semiconductor, a Nasdaq-listed developer of semiconductor solutions for the automotive industry and adjacent markets. The total consideration amounts to EUR 40 million, comprising EUR 35 million in cash and a EUR 5 million seller’s note payable after two years. The transaction is expected to close within six months, subject to customary closing conditions.
The deal is structured as a combination of share and asset deals across multiple jurisdictions. For ams Osram, the transaction is intended to allow the company to concentrate growth investments on Digital Photonics vectors — including AI Photonics comprising highly parallel Optical Interlinks for AI data centers and advanced display technologies for AR smart glasses — while the proceeds contribute to the company’s accelerated deleveraging plan.
Freshfields team
The Freshfields team is led by partners Arne Constantin-Krawinkel (Frankfurt, pictured left) and Christoph H. Seibt (Hamburg, pictured right), both corporate/M&A, supported by associates Alexandra Harf and Maximilian Sander (both corporate/M&A, Hamburg).
The broader team includes partners Satya Staes Polet (employment law, Brussels), Uwe Salaschek (antitrust and foreign investment, Berlin), Martin J. McElwee (antitrust and foreign investment, London), Alexander Schwahn (tax, Hamburg), Stephan Denk (commercial, Vienna), Vincent Macq (corporate/M&A, Brussels) and Claude Stansbury (tax, Washington). Counsel roles are covered by Lukas Pomaroli (commercial, Vienna), Marius Scherb (commercial IP/IT, Hamburg) and Olaf Ehlers (corporate/M&A, New York).
At principal and senior associate level, the team includes Marius Li-Yang Stein (commercial IP/IT, Frankfurt) and Maxim Wuyts (tax, Brussels). Associates contributing to the matter are Jan Kothe (tax, Hamburg), Loïck Desmars (corporate/M&A, Brussels), Matthias Wahls (antitrust and foreign investment, Berlin), Helen Panteli (antitrust and foreign investment, London), Aiko Van Denhouwe (antitrust and foreign investment, Brussels), Marcel Neuhauser and Julia Sommer (both commercial, Vienna).
