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An Acquisition Signs with HiDensity

ifm-acquire
Contract signing in Biel: (from left) Andreas Reber, Nicole Reber, Prof. Dr. Bernd Buxbaum (Board of Directors of HiDensity AG)

ifm group of Companies has taken a minority share in HiDensity AG, the sole holder of Biel-based HMT microelectronic AG.

Active in the ASIC design industry, HMT microelectronic AG is the eldest, and one of the largest, independent contract ASIC design houses in Europe. Since its foundation in 1978, as a spin-off of the Swiss watch industry, over 500 ASICS developments have entered into series production. In today’s automated world, sensors and actuators developed by HMT are present in every market segment: from industrial to automotive, medical and aeronautic. HMT specialises specifically in “mixed signal” ASICs, modules and microelectronic systems, particularly for sensors and actuators. The company headquarters are located in Biel, has 42 employees, and achieves a turnover in the double-digit million range.

The shares of HMT are solely owned by HiDensity AG, in which the German ifm group, with 8’100 employees worldwide, and an annual turnover of 1.25 Billion Euro’s, now owns a stake. Together with Andreas Reber, HiDensity’s co-founders have enabled ifm’s participation into the HiDensity Group by selling their share of 30%. “This forward-looking step is important to achieve our goals set for the next five years”, emphasises Andreas Reber. These goals have been set against a background of rapidly growing market segments in Industrial and Automotive. “Now thanks to the strengthening of the parent company, HiDensity, HMT has an ever more solid foundation for working with customers to develop solutions for the design challenges of the future”, continues Andreas Reber.

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Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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