13 June 2014—Image sensor provider Aptina Imaging (San Jose, Calif., U.S.A.) has signed a definitive agreement to be acquired by ON Semiconductor (Phoenix, Ariz., U.S.A.) for $400 million in cash. Aptina is a major provider of high-performance CMOS image sensors in the automotive and industrial markets, a quickly growing segment of interest to ON Semiconductor. ON Semiconductor provides energy-efficient power and signal management, logic and discrete and custom solutions in automotive, communications, computing, consumer, industrial, LED lighting, medical, military and power-supply applications.
The acquisition will add to ON Semiconductor’s presence in the image-sensor business, in addition to its similar acquisition of TruSense Imaging (Rochester, N.Y., U.S.A) in April 2014 for $92 million. While the TruSense Imaging acquisition brought the last vestiges of Eastman Kodak and its high-performance CCD and CMOS chips into the fold, the Aptina purchase brings CMOS sensors that were designed into one third of all camera phones in 2006 and 2007. The Aptina acquisition further expands the company’s customer base in high-performance image sensors.