German automotive supplier Continental AG has announced that the company is considering the acquisition of Magna Electronics Systems (MagnaElectronics) in Ottobrunn, Germany (Ottobrunn) radar engineering. The company said the transaction is expected in July 1, 2011 onwards to reach that Continental's product portfolio to enhance the competitiveness, and maintaining the company's business in the radar sensor system has an important role in a leading position.

    Under the agreement, Magna Technologies, Inc. is located in Ottobrunn radar engineering business in the future will be Continental's control at the same time, the business will be transferred under the 11 engineers employed by Continental.

    Continental's Chassis and Safety Division passive safety and advanced driving adaptive systems ADAS (AdvancedDriverAdaptiveSystem) business executives AndreasBrand, says: "In the automotive driver assistance systems, Continental AG is a leading global supplier of electronic systems through Magna business combination, our market position in the field of radar have been consolidated and strengthened. "

    Magna Powertrain (MagnaPowertrain) and Magna Electronics (MagnaElectronics) president Joachim Hirsch (JoachimHirsch) said: "The sale of radar engineering services to Magna Electronics to devote more resources and can concentrate efforts on developing camera-based automotive safety technology and safety systems. "

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