ams AG (SWX:AMS) signed an agreement to acquire Heptagon Micro Optics Pte Ltd from NGP Management Oy, GGV Capital, Temasek Capital Management Pte Ltd and others for approximately $920 million on October 24, 2016. Under the terms of transaction, ams AG (SWX:AMS) will pay $64 million in cash, $570 million of ams AG (SWX:AMS) shares and approximately $290 million of earn out payments based on business delivering high revenue growth over financial year 2017. The transaction will be funded by cash from available funds and treasury shares of ams AG (SWX:AMS). ams AG (SWX:AMS) plans to integrate Heptagon Micro Optics Pte Ltd into its organization following the closing. For the year ended September 30, 2016, Heptagon Micro Optics Pte Ltd reported revenue run rate of $90 million. The transaction is expected to be completed within three months. Evercore Asia (Singapore) Pte. Ltd. acted as financial advisor and Bär & Karrer AG acted as legal advisor for Heptagon Micro Optics Pte Ltd. Milton Toon of WongPartnership LLP acted as legal advisor for ams AG. Michael Lind of WOLF THEISS Rechtsanwalte GmbH, Till Spillmann of Bär & Karrer AG and Joanne Lua and Kenny Kwan of Allen & Overy Singapore acted as legal advisors to GGV Capital. Phillip Dubsky of Herbst Kinsky Rechtsanwälte GmbH and Lorenzo Olgiati of Schellenberg Wittmer acted as legal advisors to ams AG. ams AG (SWX:AMS) completed the acquisition of Heptagon Micro Optics Pte Ltd from NGP Management Oy, GGV Capital, Temasek Capital Management Pte Ltd and others on January 24, 2017.