THL Partners to buy majority stake in semiconductor software firm AMI
246.00 €
Published date: 2024/12/07
- Location: Ws13 4aw, Petrogeitonia, Keryneia, Cyprus
By Milana Vinn
NEW YORK, Remote control lighting 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.
If you adored this post and you would certainly like to obtain more information regarding Top home automation systems kindly go to our own web-site. 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 Smartphone home automation 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 Smart house technologies for AI infrastructure such as data centers and high-powered servers.
NEW YORK, Remote control lighting 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.
If you adored this post and you would certainly like to obtain more information regarding Top home automation systems kindly go to our own web-site. 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 Smartphone home automation 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 Smart house technologies for AI infrastructure such as data centers and high-powered servers.
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