Magna Electronic Systems acquires Bluewell to develop alternative energy driving capabilities

Magna Electronics, a subsidiary of Magna International, recently announced the acquisition of BluWav Systems LLC. BluWav, Inc., located in Rochester Hills, Michigan, is a developer and supplier of electronic and controllable products that provide products and related energy management control services for hybrid vehicles, hybrid electric vehicles, and battery-powered vehicles.

BluWav will strengthen the Magna electronic system's position in emerging electronic and hybrid vehicle R&D and parts supply.

"BluWav will provide technical guidance for Magna electronic systems and other Magna subsystems in a variety of product areas," said Carlos Mazzorin, president of Magna Electronic Systems. BluWav will accelerate the pace of Magna's introduction of innovative electronic and hybrid powertrains for the market, and will also increase Magna's R&D capabilities in future hybrid and electronic vehicle systems.

“As an advanced leader in electronic propulsion and control, we look forward to joining the Magna family and contributing to our competitive advantage in hybrid electric vehicle systems.” Kevin Bowwin, president and CEO of BluWav (Kevin Pavlov) said.

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