EQS-Adhoc Sensirion Holding AG: Sensirion strengthens its portfolio by acquiring micro gas-analyzer specialist Qmicro
EQS Group-Ad-hoc: Sensirion Holding AG / Key word(s): Takeover
Sensirion strengthens its portfolio by acquiring micro gas-analyzer specialist Qmicro
Sensirion Holding AG, a leading supplier of environmental and flow sensor solutions, completes the acquisition of Qmicro B.V., an innovative OEM supplier of miniaturized gas-analysis
technologies. Qmicro, based in Enschede, The Netherlands, develops, manufactures, and supplies micro gas analyzers based on microelectromechanical (MEMS) gas chromatography (GC) technology.
Qmicro's most important application areas include industrial process control as well as natural and biogas characterization.
With this acquisition, Sensirion expands its gas sensing portfolio from components and modules to stand-alone micro gas analyzers for industrial applications. Many industrial applications require high selectivity and accuracy of gas composition measurements. Micro gas-chromatography technology allows to very selectively and accurately determine the constituents of gas mixtures, enabling Sensirion to expand its gas-sensing offering for its customers from components and modules aimed at high-volume applications to micro gas analyzers addressing high-end applications.
Qmicro was founded in 2013, has sixteen employees, and offers very compact, easy-to-use micro gas analyzers based on its MEMS-GC technology. Combined with Sensirion's expertise in MEMS, industrialization, and the development of highly cost-effective sensor solutions even further miniaturization and integration becomes possible, benefiting both Qmicro's and Sensirion's customers.
Core applications of Qmicro's analyzers include the determination of the calorific value of natural gas in distribution networks, monitoring the composition of gas mixtures used in industrial processes, and in the future environmental monitoring. Qmicro's and Sensirion's end markets partially overlap and partially complement each other. The acquisition allows Sensirion to leverage its global marketing and sales network.
Mark Kok, Managing Director and Co-Founder of Qmicro comments: "We are excited to join forces with Sensirion, which will enable us to more efficiently scale-up our processes and accelerate growth."
"Sensirion very cordially welcomes all Qmicro employees and looks forward to further developing the Enschede location as a competence center for micro gas analyzers," says Marc von Waldkirch, CEO of Sensirion.
To learn more about Sensirion, please visit www.sensirion.com.
For further information about Qmicro, see www.qmicro.com.
Director Investor Relations and M&A
Tel: +41 44 927 11 40
About Sensirion Holding AG
Sensirion Holding AG (SIX Swiss Exchange: SENS), headquartered in Stäfa, Switzerland, is a leading manufacturer of digital microsensors and systems. The product range includes gas and liquid flow sensors, differential pressure sensors and environmental sensors for the measurement of humidity and temperature, volatile organic compounds (VOC), carbon dioxide (CO2), and particulate matter (PM2.5). An international network with sales offices in China, Europe, Japan, South Korea, Taiwan, and the US supplies international customers with standard and custom sensor system solutions for a vast range of applications. Sensirion sensors can commonly be found in the automotive, medical, industrial, and consumer end markets. For further information, visit www.sensirion.com.
About Qmicro B.V.
Qmicro B.V., located in Enschede, The Netherlands, is a specialist in high-tech products and solutions for on-line gas composition analysis. Application areas are industrial process control and automation for analysis of natural gas, biogas, hydrogen, exhaust gas and other process gases. Qmicro's analyzers are enabled by integrated MEMS micro-GC chip technology which results in faster and smaller process analyzers with high performance. For further information, visit www.qmicro.com.
Certain statements in this document are forward-looking statements, including, but not limited to, those using words such as "believe", "assume", "expect", and other similar expressions. Such forward-looking statements are based on assumptions and expectations and, by their nature, involve known and unknown risks, uncertainties, and other factors that could cause actual results, performance, or achievements to differ materially from those expressed or implied by the forward-looking statements. Such factors include, but are not limited to, future global economic conditions, changed market conditions, competition from other companies, effects and risks of new technologies, costs of compliance with applicable laws, regulations, and standards, diverse political, legal, economic and other conditions affecting markets in which Sensirion operates, and other factors beyond the control of Sensirion. In view of these uncertainties, you should not place undue reliance on forward-looking statements. Sensirion disclaims any intention or obligation to update any forward-looking statements, or to adapt them to future events or developments.
Certain financial data included in this document consists of "non-IFRS financial measures". These non-IFRS financial measures may not be comparable to similarly titled measures presented by other companies, nor should they be construed as an alternative to other financial measures determined in accordance with IFRS. As a result, you are cautioned not to place undue reliance on any non-IFRS financial measures and ratios included herein.
This document is not an offer to sell, or a solicitation of offers to purchase, any securities.
End of ad hoc announcement
|Company:||Sensirion Holding AG|
|Phone:||+41 44 306 40 00|
|Fax:||+41 44 306 49 06|
|Listed:||Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; SIX Swiss Exchange|
|EQS News ID:||1167457|
|End of Announcement||EQS Group News Service|
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