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Siemens VDO Completes Acquisition of Specific American Electronic Components, Inc. Assets.

Publication: PR Newswire
Publication Date: 07-DEC-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Leading Automotive Electronics Supplier to Take Possession of Some of the Assets, Technology and Employees of the Powertrain Sensors Company

ELKHART, Ind., Dec. 7 /PRNewswire-FirstCall/ -- 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...



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