24.03.2019, 1797 Zeichen

ams: ams, supplier of high performance sensor solutions, and Wise Road Capital, a global Private Equity firm focusing on the semiconductor industry and other emerging high-tech industries, have signed an agreement to create a joint venture to advance the development and sales of environmental, flow and pressure sensor solutions for the global market. Under the agreement, employees, IP, sensor products and solutions and related customers will transfer from ams to the joint venture, while Wise Road Capital will provide its expert joint venture guidance, deep market knowledge and strength in channel and customer relationships, especially in China. The new company, which will be headquartered in the Netherlands, will be led by Stefan Raible who will serve as Managing Director. Stefan is currently General Manager of the Environmental Sensors business at ams and was the former CEO of Applied Sensors, which was acquired by ams in 2014. The agreement encompasses an investment valuing the joint venture business at approximately USD 120 million and is expected to conclude in fall 2019.
AMS: weekly performance: 1.79%

Vienna Airport: The Austrian Supreme Administrative Court decided in favour on the 3rd Runway at Vienna Airport. "Today is an Important and positive day, not only for Austria as a business and tourism location. An overly long process has come to a positive and incontestable decision. This decision ensures the long-term growth perspectives and competitiveness, not only for Vienna Airport but for the Austrian economy, industry, tourism and labour market", say Julian Jäger und Günther Ofner, Members of the Management Board of Flughafen Wien AG.
Flughafen Wien: weekly performance: 0.14%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (18/03/2019)

Christian Drastil: Wiener Börse Plausch

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