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Elmos Semiconductor AG signed an agreement to sell its stake in Silicon Microstructures Inc. (SMI) to Measurement Specialties Inc., a subsidiary of TE Connectivity Ltd., based on a net debt-free enterprise value of USD 95.0 million. Closing is expected in 2019.
Elmos Semiconductor AG opened an extension of its test area at its headquarters in Dortmund, creating 50 new jobs. The expansion cost around €50 million so far, with an additional €60 million to be invested in machines.
| Site | Largest | Latest |
|---|---|---|
| Dortmund, Germany | $57.0M | 2018-12-13 |