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Siemens VDO Completes Acquisition of Specific American Electronic Components Inc. Assets; Leading Automotive Electronics Supplier to Take Possession of Some of the Assets, Technology and Employees of the Powertrain Sensors Company.

Publication: Business Wire
Publication Date: 07-DEC-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Siemens VDO Completes Acquisition of Specific American Electronic Components Inc. Assets; Leading Automotive Electronics Supplier to Take Possession of Some of the Assets, Technology and Employees of the Powertrain Sensors Company.(Company Profile)

Article Excerpt
ELKHART, Ind. -- Siemens VDO today completed the acquisition of some of American Electronic Components, Inc.'s (AEC) employees, assets and technology, helping advance Siemens VDO to a leading market leadership position in the North American automotive sensors segment.

"This acquisition brings Siemens VDO additional engineering and design capabilities to grow our expertise in automotive sensor technology and secure a more competitive market position in the NAFTA region," said Siemens VDO Sensors Division...

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