An article written by Anne-Françoise Pelé for EETimes – These events reshaped the MEMS and sensors industry in 2019 and serve as guideposts for 2020.
The internet of things (IoT) is becoming the internet of everything. More industries are looking to connect their machines and applications, and more users are enjoying the functionality of their smart devices. Market research firm McKinsey predicts IoT’s economic impact will be in the range of $4 trillion to $11 trillion per year by 2025. Microelectromechanical systems (MEMS) and sensors are an essential part of the IoT phenomenon.
The best way to grasp the nature of this growing market is to look back at the world events and trends that topped the news in 2019 and are most likely to change the course of action in 2020, if not over the next several decades. The five most influential events in sensors this year were a long-debated acquisition, the resurfacing of a compute concept that’s set to become the cornerstone of artificial intelligence (AI), the launch of a promising new player by sensor industry veterans, a market-rejuvenating technology based on an effect discovered more than 100 years ago, and a push to think and act “locally.”
AMS acquires 59% of Osram shares
After months of negotiations and speculation, Austrian sensor company AMS AG finally acquired enough shares to take over photonics specialist Osram Light AG.
In December, AMS said the acceptance rate in its $5.1 billion (€4.6 billion) takeover offer was 59.3 percent and exceeded the minimum acceptance threshold of 55 percent.
“Our goal is to create a global leader in sensor solutions and photonics, based on European technology,” Amy Flécher, vice president marketing communications for AMS, told EE Times. Stressing the complementary nature of the two businesses, she added: “Osram is the leader in visible- and invisible-light emitters and aspires to develop IC-design, optics, and optical-packaging capabilities,” while AMS has “IC-design, optics, and optical-packaging capabilities and aspires to add a leadership position in emitters.”… Full story
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