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Indie Semiconductor Acquires Exalos Ag

PUBLIC · INDISep 18, 2023

Acquiring Company

indie Semiconductor

Acquired Company

EXALOS AG

Aliso ViejoManufacturingSoftwareAutomotive

Description

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced it has entered into a definitive agreement and completed the acquisition of privately held EXALOS AG, a Swiss photonics company, specializing in the design of high-performance optical semiconductors.

Quick answer

indie Semiconductor is acquiring EXALOS AG, announced September 18, 2023. indie Semiconductor is based in Aliso Viejo, California, United States.

How much did indie Semiconductor pay for EXALOS AG?
The deal value was not disclosed.
What does indie Semiconductor do?
indie Semiconductor, Inc. operates in the semiconductor industry, focusing on developing innovative software and hardware solutions for automotive applications.
Where are indie Semiconductor and EXALOS AG based?
indie Semiconductor is based in Aliso Viejo, California, United States.
Who are the decision-makers at indie Semiconductor?
Fundz holds 1 contact at indie Semiconductor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

indie Semiconductor

Location

32 JOURNEY

Aliso Viejo, California, United States

About

indie Semiconductor, Inc. operates in the semiconductor industry, focusing on developing innovative software and hardware solutions for automotive applications. The company is engaged in the design and manufacturing of semiconductor products that enhance automotive functionality and safety. In particular, indie has a subsidiary, Ay Dee Kay LLC, which has been involved in the sale of equity interest in Wuxi indie Microelectronics Technology Co., Ltd., a Chinese entity, as part of a strategic realignment. The company is headquartered in Delaware and its recent business activities include a significant asset sale aimed at restructuring its operations to better serve the automotive market. This transaction, valued at approximately $135 million, indicates indie's focused strategy on maximizing value through asset management and partnerships within the automotive semiconductor sector.

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Frequently asked

Who acquired EXALOS AG?

EXALOS AG was acquired by indie Semiconductor, based in Aliso Viejo. The deal was reported on September 18, 2023. indie Semiconductor, Inc. operates in the semiconductor industry, focusing on developing innovative software and hardware solutions for automotive applications. indie Semiconductor is publicly traded (INDI) and operates in Manufacturing.

When did indie Semiconductor acquire EXALOS AG?

indie Semiconductor's acquisition of EXALOS AG was reported on September 18, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does EXALOS AG do?

EXALOS AG is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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