Autoliv Completes Acquisition of MACOM Automotive Solutions Business

(Stockholm, Sweden, August 17, 2015) – – – Autoliv, Inc. (NYSE: ALV and SSE:
ALIVsdb), the worldwide leader in automotive safety systems today announced that
it has completed the previously announced acquisition of the automotive business
of M/A-COM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) (MACOM).
The purchase price for MACOM’s “Automotive Solutions” business is approximately
$100 million in cash, plus up to an additional $30 million in cash based on
achievement of revenue-based earn-out targets through 2019. In addition, MACOM
has agreed to perform consulting services for Autoliv over a 2-year period for
up to $15 million in fees.

Autoliv expects to have this acquisition fully integrated in Autoliv facilities
in Lowell, MA before the end of 2015 and plans to disclose more details on the
technology and business in connection with the upcoming Capital Markets Day on
October 1-2, 2015.

Inquiries:

Ray Pekar, Vice President Investor Relations Americas.              Tel +1 248
475 0427

Thomas Jönsson, Group Vice President Communications.          Tel +46 (0)8 58 72
06 27
About Autoliv

Autoliv, Inc., the worldwide leader in automotive safety systems, develops and
manufactures automotive safety systems for all major automotive manufacturers in
the world. Together with its joint ventures, Autoliv has close to 80 facilities
with more than 60,000 employees in 28 countries. In addition, the Company has
ten technical centers in nine countries around the world, with 20 test tracks,
more than any other automotive safety supplier.Sales in 2014 amounted to US $9.2
billion. The Company's shares are listed on the New York Stock Exchange (NYSE:
ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm
(ALIV sdb). For more information about Autoliv, please visit our company website
at www.autoliv.com.

About MACOM

MACOM (http://www.macom.com/) is a leading supplier of high-performance analog
RF, microwave, millimeterwave and photonic semiconductor products that enable
next-generation Internet and modern battlefield applications. Recognized for its
broad catalog portfolio of technologies and products, MACOM serves diverse
markets, including high speed optical, satellite, radar, wired and wireless
networks, industrial, medical, and mobile devices. A pillar of the semiconductor
industry, MACOM thrives on more than 60 years of solving its customers' most
complex problems, serving as a true partner for applications ranging from RF to
Light.

Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001
international quality standard and ISO14001 environmental management standard.
MACOM has design centers and sales offices throughout North America, Europe,
Asia and Australia.

MACOM, M/A-COM, M/A-COM Technology Solutions, M/A-COM Tech, Partners in RF &
Microwave, Partners from RF to Light, The First Name in Microwave and related
logos are trademarks of MACOM. All other trademarks are the property of their
respective owners.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward
-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements include those that address
activities, events or developments that Autoliv, Inc. or its management believes
or anticipates may occur in the future, including closing of the acquisition,
anticipated revenue of the acquired business and the anticipated product
offering. All forward-looking statements are based upon our current
expectations, various assumptions and data available from third parties. Our
expectations and assumptions are expressed in good faith and we believe there is
a reasonable basis for them. However, there can be no assurance that such
forward-looking statements will materialize or prove to be correct as forward
-looking statements are inherently subject to known and unknown risks,
uncertainties and other factors which may cause actual future results,
performance or achievements to differ materially from the future results,
performance or achievements expressed in or implied by such forward-looking
statements. Numerous risks, uncertainties and other factors may cause actual
results to differ materially from those set out in the forward-looking
statements. The Company undertakes no obligation to update publicly or revise
any forward-looking statements in light of new information or future events. For
any forward-looking statements contained in this or any other document, we claim
the protection of the safe harbor for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995, and we assume no
obligation to update any such statement.