AM Online

Continental to buy Motorola

Continental AG has received approval from Brussels to buy the automotive electronics business of Motorola.

The deal includes Motorola's vehicle control, sensor, and interior electronics, as well as its telematics businesses.

The integration of the business with sales of €1.3 billion (£897 million) in 2005 into Continental’s automotive systems division will begin as planned immediately after closing of the transaction, expected in July.

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Login to comment


No comments have been made yet.