Acquisition expands u-blox’ reach in the US CDMA wireless markets

Thalwil, Switzerland and San Diego, California – September 19, 2011 – u‑blox, the Swiss positioning and wireless chip and module company, announces the acquisition of San Diego based Fusion Wireless, a provider of CDMA wireless modules for consumer and M2M applications in North America.

“The acquisition of Fusion Wireless immediately gives u-blox new, cutting-edge wireless module products plus access to the huge embedded CDMA market in North America for both consumer and M2M applications. It also expands our wireless module technology roadmap to cover all popular standards used in the Americas based on a layout-consistent form factor. This will allow our customers to easily adapt their products to match geographical requirements as well as overcome network coverage limitations,” said Thomas Seiler, u‑blox CEO.

Key terms of the transaction include:

• Technology and modules in the area of CDMA wireless technology in several form factors
• Integration of the Fusion Wireless business into u-blox’ existing activities to leverage and further strengthen the mutual commercial activities as well as capitalize on technological synergies

CDMA2000 is a mobile telephone standard deployed extensively in the US, and has the highest number of subscribers. It includes high-speed data channels that are used for consumer devices such as notebooks and tablet computers, as well as lower data transmission rates for machine-to-machine applications such as remote metering, remote monitoring and control, fleet management, point-of-sales terminals and remote patient monitoring systems.

Further details about the acquisition can be found in the analysts presentation (PDF). 

About u-blox
u-blox (SIX:UBXN) is a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets. Our solutions enable people, devices, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video. With a broad portfolio of GPS modules, chips, and software solutions together with wireless modules and solutions, u-blox is uniquely positioned to enable OEMs to develop innovative solutions quickly and cost-effectively. Headquartered in Switzerland and with global presence in Europe, Asia and the Americas, u‑blox employs approximately 210 people. Founded in 1997, u-blox is listed on the SIX Swiss Exchange.  (www.u-blox.com)

About Fusion Wireless
Fusion Wireless is a company that is in the business of enabling cost-effective wireless communications for enterprise customers and consumer products. It offers CDMA modules designed to enable reliable communications solutions across a variety of M2M and consumer markets.

u-blox contact
Herbert Blaser, VP Business Marketing
Phone: +41 44 722 7469
E-mail: 이 이메일 주소는 스팸봇으로부터 보호됩니다. 보시려면 자바스크립트를 사용 가능으로 해야됩니다.

u-blox contacts for investor relations
Roland Jud, Chief Financial Officer
Phone: +41 44 722 74 25
E-mail: 이 이메일 주소는 스팸봇으로부터 보호됩니다. 보시려면 자바스크립트를 사용 가능으로 해야됩니다.

Thomas Seiler, Chief Executive Officer
Phone: +41 44 722 74 22
E-mail: 이 이메일 주소는 스팸봇으로부터 보호됩니다. 보시려면 자바스크립트를 사용 가능으로 해야됩니다.