India, July 25 -- STMicroelectronics is strengthening its global sensors capabilities with the planned acquisition of NXP Semiconductors' MEMS sensors business, focused on automotive safety products as well as sensors for industrial applications.

The transaction will complement and expand ST's leading MEMS sensors technology and product portfolio, unlocking new opportunities for development across automotive, industrial and consumer applications.

"The planned acquisition is a great strategic fit for ST," says Marco Cassis, President, Analog, Power & Discrete, MEMS and Sensors Group of STMicroelectronics.

"Together with ST's existing MEMS portfolio, these highly complementary technologies and customer relationships, focused on automotiv...