WITTE Automotive takes over IMA

WITTE Automotive has acquired the Prague-based company IMA (Institut mikroelektronických aplikací), the innovative developer of electronic identification systems, as of 01.01.2021. WITTE has already been cooperating with IMA since 2017 and had acquired a 24% stake in the Czech electronics developer in August 2018. With the 100% takeover, WITTE Automotive will expand its mechatronic product…