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SensoNor to be acquired by Infineon

The German hi-tech company Infineon is behind the announced aquisition of the Norwegian Horten-based company SensoNor.

The German hi-tech company Infineon is behind the announced aquisition of the Norwegian Horten-based company SensoNor.

The Norwegian company warned some time ago that a larger company was preparing to make a bid.

The news about the acquisition was well received in the market, and resulted in a five per cent increase in the value of the SensoNor share.

SensoNor produces sensors for various industrial purposes, but may be best known in Norway for its sensors which monitors tyre pressure on cars.