u‑blox is excited to be celebrating 20 successful years!
u‑blox acquired SIMCom cellular module product line:
Shanghai‑based SIMCom Wireless is one of the world’s leading machine‑to‑machine wireless module and solutions suppliers. In an asset deal worth USD 52.5 million, u‑blox is acquiring the company’s cellular modem products, R&D team and customer base.
In September, u‑blox pioneered with its first cellular module, LARA‑R3121, with u‑blox proprietary UBX‑R3 LTE modem technology and integrated GNSS.
u‑blox launched the world’s first cellular Narrowband IoT (NB‑IoT) module, SARA‑N2 in June.
u‑blox Taiwan expanded in spring.
u‑blox started the year by bringing centimeter‑level precision GNSS technology to the mass market, with the NEO‑M8P module.
u‑blox successfully issued bonds for 60 Million CHF. The bonds bear a 1.625% coupon and have a duration of 6 years. The bonds were placed with institutional and private investors in Switzerland under the lead management of Credit Suisse AG and with Zürcher Kantonalbank acting as a co‑manager.
In October, u‑blox took over the manufacture and marketing of the Cohda Wireless Vehicle‑to‑Everything (V2X) module in a move to meet rapidly increasing demand for trial purposes, early deployments and infrastructure roll‑outs.
In order to enhance the R&D effort and ease customer outreach, u‑blox opened new offices in Osaka (Japan), Chongqing (China) and Tampere (Finland), thereby significantly increasing the workforce.
Acquisition of connectBlue AB, Sweden, for adding competence in Bluetooth technology to the portfolio. The following acquisition of Antcor, Greece, was the first step to add Wi‑Fi IP. At end of the year, the acquisition of a team of key engineers from lesswire AG, a subsidiary of the PRETTL group in Berlin, rounded out the short range radio competencies with key automotive‑grade Bluetooth and Wi‑Fi module products.
Acquisition of Finland‑based Fastrax (extension of portfolio with multi‑GNSS modules and antenna modules).
Extension of 4G wireless chip technology through acquisition of UK‑based 4M Wireless (LTE stack) and Cognovo (Software defined modem technology).
Introduction of CDMA modules for the North American market through acquisition of California‑based Fusion Wireless.
Introduction of wireless module based on the UMTS (3G) standard.
u‑blox gains a foothold in the wireless market through acquisition of Italy‑based NeonSeven and UK‑based Geotate. Introduction of wireless module based on the GSM (2G) standard.
Launch of AMY, world’s smallest GPS module. Delivery of 10 millionth GPS receiver.
IPO on the Swiss stock exchange.
Delivery of 1 millionth GPS receiver.
u‑blox develops its own GPS receiver chip, Thomas Seiler becomes CEO.
u‑blox expands its global presence by opening offices in the USA and Asia.
u‑blox provides GPS receiver module for the first GPS‑enabled mobile phone.
Development of the first commercial GPS product used for the heavy vehicle road pricing system in Switzerland (LSVA).
Foundation as a spin‑off from the Swiss Federal Institute of Technology in Zurich (ETH).