KYOTO, JAPAN – Nidec will acquire Omron Automotive Electronics via a stock purchase agreement for an undisclosed sum.
With the acquisition, Nidec will be able to create new module and systems products by combining Nidec motors, pumps, and gears with Omron’s ECUs and other electronics products. In addition, Nidec Elesys and Omron Automotive Electronics have a complementary relationship in the area of ADAS (advanced driver assistance systems).
Nidec Elesys has strengths in wave radar and camera-related products, while Omron Automotive Electronics has strengths in laser radar and driver monitoring systems.
Nidec is particularly focused on module products with electric power steering (EPS) motors, electric brake motors, and electronic control units (ECU) in accordance with the current trends toward electrification and autonomous driving, as well as EV traction motor systems, for which significant future market growth can be expected, the firm says.
The company anticipates the electrification trend will accelerate further in response to global environmental and energy-related problems and will continue to engage in research and development with Elesys to create more electrification products.
Omron Automotive Electronics engages in research and development, manufacturing, and sales of automotive electronics products, with a focus on high-quality control products for body control systems, ECUs for motor control systems, and power control systems.
Following the acquisition, Nidec expects both companies will cooperate within the Nidec Group to provide a variety of sensor products that support autonomous driving technologies.