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Infineon strengthens automotive sensor business with acquisition

Posted: 22 May 2003 ?? ?Print Version ?Bookmark and Share

Keywords:Infineon? SensoNor? acceleration sensors?

Infineon Technologies AG has announced plans to acquire Norway-based SensoNor ASA, a provider of tire pressure and acceleration sensors. This move is aimed at strengthening Infineon's position in semiconductor sensors for the automotive business.

The advantage of this transaction is said to lie in combining both companies' existing development and production expertise. SensoNor's tire pressure sensors have already been fully qualified by leading car manufacturers with whom long-term supply agreements have been concluded.

"The acquisition will allow us to significantly boost our existing pressure sensor business; we'll also be able to enlarge our product portfolio for semiconductor sensors to include acceleration sensors," said Dr. Reinhard Ploss, head of Infineon's Automotive & Industrial Electronics Group.

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