# indie Semiconductor to acquire GEO Semiconductor

indie Semiconductor has entered a definitive agreement to purchase GEO Semiconductor, a fabless supplier of video processors for automotive cameras, for an undisclosed amount. The deal is expected to close in Q1 2023.

- Type: Acquisition
- Announced: 2023-02-09
- Where: United States
- Value: $180.0M
- Status: announced
- Products: camera-based sensing and viewing solutions for ADAS, video processors for automotive cameras
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [indie Semiconductor](https://endata.com/companies/39192.md) (acquirer)
- [GEO Semiconductor](https://endata.com/companies/68473.md) (target)

## Sources

- [investors.indie.inc](https://investors.indie.inc/news/news-details/2023/indie-to-Acquire-GEO-Semiconductor/default.aspx), 2023-02-09: "indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced it has entered a definitive agreement to purchase GEO Semiconductor, Inc., a market leader in video processors for automotive cameras."
- [eenewseurope.com](https://www.eenewseurope.com/en/indie-semi-buys-camera-sensing-firm-for-uncrashable-cars/), 2023-02-10: "indie Semiconductor is to buy GEO Semiconductor for its video processor technology for automotive cameras in a deal worth $180m."

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