Iteris, a provider of traffic management solutions, has sold its vehicle sensors business to Bendix Commercial Vehicle Systems with an amount of $2 million subjected to adjustments and holdbacks on the basis of the working capital at the closing.
Airtex Engine Management has introduced two new sensors that are designed to eliminate wear issues and also reduce the repair costs on diesel trucks like the Dodge Ram 2500 and 3500.
Balluff, a manufacturer of RFID systems, linear position transducers and a broad range of sensors, including photoelectric, inductive, capacitive, magnetic and vision sensors for a wide range of industries, has introduced a modular designed, universal mounting system for sensors.
In New York sitting in the car is not just about wasting fuel, it is also a trigger for health related problems. So the New York City’s Department of Transportation has decided to invest $1.6 million in a real time traffic management system.
ProconGPS, a l provider of mobile resource management solutions has declared that they have acquired the patents which govern the recovery of automobiles in the vehicle finance industry from CalAmp.
Zentrum Mikroelektronik Dresden (ZMDI, a leading provider of analog and mixed signal systems for industrial, automotive and medical applications, has now launched the new ZSSC3008 sensor signal conditioning IC. This sensor is used in resistive bridge sensor systems that need second order linearity corrections.
Strategy Analytics has released a new study titled “Automotive Sensor Demand Forecast 2009 to 2018: BRIC Regions Drive Demand”. The study predicts that the automotive sensor market would increase from $12.9 billion in 2010 to $13.8 billion in 2011 with a growth of 7%.
The New Brunswick Parking Authority (NBPA) of New Jersey has set up Streetline’s smart parking technology in downtown New Brunswick. The web-based and sensor-enabled mobile parking system from Streetline was deployed in the Plum Street Garage.
The city of Dayton has collaborated with the University of Dayton’s Institute for the Development and Commercialization of Advanced Sensor Technologies (IDCAST), to encourage companies to generate jobs in sensor technologies.
Companies and Markets has introduced a new report on the global torque sensors market. The report has predicted that the worldwide torque sensors market would reach $1066.3 billion by the year 2016. Their market value in 2010 was $647.1 million.
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