Magna acquires motion-control software maker Haptronik GmbH
Germany-based Haptronik’s software will bolster Magna’s SmartAccess power door technology.
In a move to expand its footprint in the motion control software sector, automotive parts maker Magna International Inc. is acquiring Haptronik GmbH, a German company that develops algorithms to enhance the control and feel of vehicle power systems.
The terms of the deal have not been disclosed.
“This acquisition is about access to the vehicle and the experience we want people to have – both today and in the future, as the new mobility ecosystem continues to evolve,” said John O’Hara, president of Magna’s mechatronics, mirrors and lighting division. “The Haptronik team are experts in this field and will help Magna further strengthen our position as the go-to supplier for mechatronics products.”
Specifically, Haptronik’s software will bolster Magna’s SmartAccess power door technology.
“Beyond the effortless smooth feel of the door, the software also allows for features such as anti-slam and virtual door check,” Magna said in a statement.
The deal is expected to close in the first quarter of 2019.
Magna is headquartered in Aurora, Ont.