Heated and cooled seat specialist Amerigon has acquired the 15% minority interest in its technology development subsidiary, BSST LLC, plus the reversionary rights to the technology previously owned by Lon Bell, former chief technical officer of Amerigon and former president of BSST.

The transaction, effective 31 December, 2010, involved a cash payment of approximately US$3.4m for Bell’s BSST membership interest and reversionary rights.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

BSST is now a 100% owned subsidiary of Amerigon and Bell, who retired on 31 December, is currently a consultant to Amerigon and remains a member of the board.

Amerigon chairman Oscar Marx said: “With Bell’s retirement, we made the decision to unify the ownership of BSST under Amerigon and to solidify our rights to its technology.”

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact