Yahoo: Sensata was the latest owner of Smallcamera technology, acquired from Cypress. It had announced the intention to sell its Vision business in December 2008. Today Sensata and Melexis announced the signing of an agreement to sell Sensata's Vision business to Melexis. The transaction is expected to close by the end of April.
The Vision business provides CMOS imagers and imaging modules to automotive advanced driver assistance systems for customers such as Bosch and Delphi.
Melexis Chief Executive Officer Rudi DeWinter states, "The wide dynamic range camera technology from Sensata's Vision business is complementary to our current imaging sensors and fits very well with the trend of increasing use of vision products to enhance safety in cars."
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