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 Subscribe to Automotive World … Continued

• By Webmaster
• July 26, 2011