INDI News & Events

Indie Semiconductor has announced the signing of a definitive agreement to acquire the fabless CMOS image sensor group from ams OSRAM AG for a total consideration of EUR 40M. With primary operations in Belgium and Portugal, this product line includes intelligent, high-performance CMOS image sensors for a broad range of industrial, automation, and physical artificial intelligence applications. This portfolio of products, IP, and designs aligns with indie's automotive ADAS sensing solutions and further strengthens the company's multimodal sensing capabilities across radar, vision, LiDAR, and ultrasonic. The consideration includes a cash payment of EUR 35M paid at closing, and a EUR 5M euros vendor debt note provided by ams OSRAM. The transaction is subject to customary closing conditions, including regulatory approvals. It is expected to close in the third quarter of 2026 and be immediately accretive.

Reports Q1 revenue $55.5M, consensus $55.08M. "indie delivered a solid first quarter, with revenue exceeding the midpoint of our guidance, up 3 percent year over year," said Donald McClymont, indie's co-founder and chief executive officer. "Notably, we have received a production order of $25 million from our Tier 1 radar partner, driven by demand from two automotive OEMs and marking a significant commercial milestone. With continued expansion into quantum and physical AI, indie is ideally situated to drive consistent, profitable growth."

Indie Semiconductor sees Q2 revenue $59M-$65M, consensus $63.04M