Germany-based Infineon Technologies has completed its acquisition of the non-optical analog/mixed-signal sensor portfolio from ams Osram Group for €570m ($653.09m) on a debt-free, cash-free basis.

The deal was first announced in February 2026 and has now obtained all required regulatory approvals.

The acquired business is expected to produce around €230m in revenue in calendar year 2026 and is accretive to earnings-per-share upon closing, with future synergies expected to enable further value creation.

As part of the transaction, around 230 employees focused on research and development and business management have joined Infineon.

The deal also adds three locations in Valencia, Spain; Rapperswil, Switzerland; and Hyderabad, India.

Infineon said the portfolio will be incorporated into its newly established Edge Systems division, which brings together sensors, compute, connectivity and security for system-level solutions at the edge.

Within that division, the teams and assets will be placed in the existing sensor and radio frequency business.

The acquisition includes two product lines.

The positioning and temperature sensors assets add high-precision position, capacitive and temperature sensing for automotive, industrial, consumer and medical applications.

These include chassis position sensing and hands-on detection in vehicles, angle and position sensing for robotics, and glucose monitoring.

The mixed signal products business adds medical imaging and sensor interface products, including for computer tomography and digital X-ray, as well as sensor interface application-specific integrated circuits.

Infineon edge systems division president Stephan Zizala said: “This acquisition perfectly supports Infineon’s sensor and radio frequency growth strategy.

“The acquired business complements our strong existing portfolio. Moreover, by combining ams Osram’s sensor portfolio with Infineon’s wafer technologies and mixed-signal IP, we will be able to develop highly innovative new products for our customers.”