Autoliv, one of the world’s biggest automotive safety system manufacturer, has just announced the acquisition of Visteon’s radar system business. Autoliv’s announcement follows the purchase of the leading automotive radar business from Tyco Electronics. With this transaction, Autoliv got physical assets, intellectual property, order book and engineers with expertise in radar-based Driver Assistance and Active Safety functions.
While this acquisition is small, with less than $5 million in sale… (read more)