Indie Semiconductor said it has agreed to purchase Austrian company emotion3D GmbH for $20 million cash plus up to $10 million in potential performance-based payments.
Aliso Viejo-based Indie said emotion3D is a “specialist developer of advanced perception algorithms and software for in-cabin sensing, advanced driver assistance systems (ADAS) and automated driving.” The closing is expected in the fourth quarter of 2025.
Separately, Indie said in an earnings release that second-quarter revenue slid to $51.6 million from $52.3 million in the same period a year earlier, while its narrower adjusted operating loss represents “progress toward profitability. “
Indie shares were down 1.8% at $3.75 a piece in after-hours trading, after gaining 5.2% at the close for a market cap of
