THL Partners to buy majority stake in semiconductor software firm AMI
144.00 €
Published date: 2024/11/16
- Location: 97470, Mýrtou, Pafos, Cyprus
By Milana Vinn
NEW YORK, Home automation systems Karachi Sept 9 (Reuters) - Private equity firm THL Partners on Monday agreed to acquire a majority stake in AMI , in a deal that people familiar with the matter said valued the provider of semiconductor software at roughly $600 million.
The deal is expected to close in autumn this year, according to a statement seen by Reuters. THL invested in AMI through its flagship Fund IX and its Home automation systems Karachi Fund, which invests in technology firms that build automation software and tools.
THL's bet on AMI comes as investors have doubled down on the generative artificial-intelligence boom that has powered chipmakers such as Nvidia and other big tech firms, and turbocharged global demand for AI infrastructure such as data centers and Remote control lighting high-powered servers.
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NEW YORK, Home automation systems Karachi Sept 9 (Reuters) - Private equity firm THL Partners on Monday agreed to acquire a majority stake in AMI , in a deal that people familiar with the matter said valued the provider of semiconductor software at roughly $600 million.
The deal is expected to close in autumn this year, according to a statement seen by Reuters. THL invested in AMI through its flagship Fund IX and its Home automation systems Karachi Fund, which invests in technology firms that build automation software and tools.
THL's bet on AMI comes as investors have doubled down on the generative artificial-intelligence boom that has powered chipmakers such as Nvidia and other big tech firms, and turbocharged global demand for AI infrastructure such as data centers and Remote control lighting high-powered servers.
When you loved this article and you want to receive much more information regarding Remote control light switch kindly visit the internet site.
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