Ipf Electronic was founded in 1982 by Wolfgang Neuhaus (deceased 2016) and Reinhard Siringhaus. The sensor specialist now employs 140 people in Germany and abroad. Since 2020, the company headquarters have been located in a new building measuring around 7,500 square meters in the Rosmart industrial park near Altena. In the same year, the previously three companies were merged to form Ipf Electronic GmbH, which now has four managing directors with different areas of focus: Dirk Neuhaus, Christian Fiebach, Detlef Rössel and Bodo Hano.