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M&A: Xovis Acquires Hella People Sensing Unit

Xovis acquired Hella People-Sensing business (Photo: Xovis)

Swiss analytics specialist Xovis is expanding its portfolio by acquiring the Aglaia people-sensing business from automotive supplier Hella, a part of the Forvia Group. This strategic move allows Xovis to complement its existing airport and retail business with Hella’s public transport people-sensing expertise. Berlin will become the company’s third location, joining the existing ones in …