Home > Analysis > US: Bendix CVS to acquire sensor business from Iteris

US: Bendix CVS to acquire sensor business from Iteris

Bendix Commercial Vehicle Systems, part of the Knorr-Bremse Group, has announced the signing of a definitive agreement to acquire select assets – including SafetyDirect and the AutoVue Lane Departure Warning System – from Iteris. The transaction is expected to close prior to 31 August 2011.

Following completion of the deal, Bendix …

This content is available only to members of Automotive World with a valid subscription.

Next steps: