Based in Lowell, Massachusetts, USA and Schweinfurt, Germany, the business includes approximately 115 highly specialized technical, commercial and manufacturing employees. The technology and intellectual property included in the transaction includes short-, medium- and long-range radar products. Automotive safety system applications for this technology include blind spot detection, lane change assist, adaptive cruise control, collision mitigation by braking and side pre-crash sensing, along with back-up and park assist functions.
Headquartered in Stockholm, Autoliv develop and manufacture automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv have more than 80 facilities with 42,000 employees in 30 vehicle-producing countries. Sales in 2007 amounted to US $6.8bn.
Tyco Electronics Ltd. are a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and wireless systems, with 2007 sales of $13bn to customers in more than 150 countries.