# ams and Wise Road Capital form ScioSense sensor joint venture valued at $120M

ams and Wise Road Capital signed an agreement to create a joint venture, ScioSense, for environmental, flow and pressure sensors, with ams transferring its sensor business and a valuation of about USD 120 million. The company is headquartered in the Netherlands.

- Type: Acquisition
- Announced: 2019-03-18
- Where: Netherlands
- Value: $120.0M
- Status: completed
- Products: environmental sensors, ultrasound flow sensors, pressure sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ScioSense](https://endata.com/companies/5997.md)
- [ams](https://endata.com/companies/5995.md) (partner)
- [Wise Road Capital](https://endata.com/companies/5996.md) (investor)

## Sources

- [sciosense.com](https://www.sciosense.com/new-company-sciosense/), 2020-01-13: "The agreement encompasses an investment valuing the joint venture business at approximately USD 120 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
