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Thursday, December 11, 2008

Bendix Signs Agreement to Acquire SmarTire



Bendix Commercial Vehicle Systems LLC announced its plans to acquire the business and related assets of SmarTire Systems for an undisclosed amount. SmarTire of Vancouver, BC is a leading developer and marketer of advanced tire-monitoring solutions, plus wireless sensing and control systems for commercial vehicles.

When the transaction is finalized, Bendix will likely incorporate the SmarTire business into its existing electronics business unit.



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[All the news]





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