Autoliv makes new Acquisition in Active Safety
(Stockholm, March 4, 2010) --- Autoliv Inc. (NYSE: ALV), the worldwide leader in automotive safety, has acquired Visteon’s radar system business. This acquisition in Active Safety Systems 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 the Autoliv CEO Jan Carlson. “Our radar specialists have worked together with the Visteon team over the past few years. This partnership has