STOCKHOLM, Sweden -- Autoliv has acquired Visteon’s radar system business.

This acquisition in Autoliv's Active Safety Systems business follows upon the company's 2008 acquisition of the leading automotive radar business from Tyco Electronics.

“While this acquisition is small, with less than $5 million in sales and five highly skilled engineers, it fits very well our own existing radar business,” said Autoliv CEO Jan Carlson. “Our radar specialists have worked together with the Visteon team over the past few years. This partnership has resulted in industry-leading Blind Spot and Rear Cross Traffic Detection Systems that are currently in production at multiple OEM customers.”

“The acquisition not only ensures that this productive cooperation continues, it also gives us opportunities to further strengthen our position in Active Safety Systems,” he added.
 
Autoliv offers a broad range of Active Safety functions based on high-performance radar, night vision and mono/stereo vision systems. “We have the technologies in a market that many predict is about to take off,” explained Carlson.

The Visteon transaction includes physical assets, intellectual property, order book and engineers with expertise in radar-based Driver Assistance and Active Safety functions.