Gimv completed the investment in AME.

Gimv, a Belgian investment company, completed the investment in Applied Micro Electronics, a developer and manufacturer of innovative, high-quality and smart electronic modules for international OEM customers. Financial terms were not disclosed. "Gimv is the right partner for AME to make our growth ambitions come true. They fully underline and support our business strategy and philosophy. With Gimv we will be able to invest further in our technical capabilities and our industrial facilities. Expanding our activities globally to support our customers locally can now be put on our management agenda. I fully believe that the partnership with Gimv is a major step forward for AME and will enable us to enhance the support and service to our valued customers," Gerrit van der Beek, AME CEO.