Denso Buys 50% Stake in German Image Recognition Company

Denso Corp. is acquiring half of Adasens Automotive GmbH, a German supplier of camera-based detection systems for cars. Terms were not disclosed.

The Weissenberg-based company is wholly owned by Spain's Fiscosa International SA, a maker of driver assist systems, gearshift mechanisms, rearview mirrors and other vehicle components.

Denso, which is 23% owned by Toyota Motor Corp., says it will use Adasens' expertise to accelerate its own development of image recognition technologies. The companies expect to finalize the deal by year-end.