The company ASM Sensors was founded in 1979. Three years later, the first ultra compact wire sensor was developed, after which the company became best known. In 2002 the POSICHRON series of magnetostrictive sensors was introduced, and a year later the POSIMAG series of magnetic scale sensors. In 2007 position sensors were introduced which accurately determine the position of of an angle wuth analog outputs. Today the company is focused on development of position sensors. The main goal of the company is innovation and change and also search for new technological solutions. The company's location is in Mossining, near Munich, Germany. .