indie Semiconductor, Inc. (INDI), an automotive solutions innovator, on Thursday announced that it has signed a definitive agreement to acquire emotion3D GmbH.
indie will pay $20 million in cash at closing, along with up to $10 million in performance-based earnouts tied to revenue targets through February 2027.
The deal is expected to close in the fourth quarter of 2025 and be immediately accretive.
McKinsey expects the automotive software market to reach $83 billion by 2030, with ADAS and automated driving making up over half, creating strong growth potential for automotive semiconductors.
Automotive semiconductors are expected to hit $135 billion, driven by a CAGR of over 9% from 2019 to 2023, highlighting a strong growth opportunity in this segment.
In the pre-market trading, indie Semiconductor is 2.48% higher at $3.7200 on the Nasdaq.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.