Indie Semiconductor acquires EXALOS AG for $45 million

Indie Semiconductor has completed the acquisition of EXALOS AG, a Swiss photonics company, for approximately $45 million in stock, with potential earn-out of up to $20 million. The deal expands indie's automotive technology portfolio.

“indie paid approximately $45 million to EXALOS equity holders comprised of 6.6 million indie Class A common shares”eenewseurope.com

• 1 source
• eenewseurope.comIndie Semiconductor buys EXALOS AG, boosts automotive portfolio ...Jean-Pierre JoostingSep 19, 2023

Summarized from public sources; check the original articles before acting on it.