u-blox acquires SigNav IP
Acquisition enhances u‑blox’ precision timing technology for the global femtocell market
Thalwil, Switzerland – September 30, 2011 – u‑blox, the Swiss positioning and wireless chip and module company, announces the acquisition of all assets and intellectual property of Australia‑based SigNav, a leader and 15‑year veteran in precision‑timing and reference frequency technologies required by consumer femtocell and mobile basestation applications.
“The acquisition of all assets and IP of SigNav enhances our market position, particularly for the huge femtocell market on a global scale. Their know‑how, software and equipment reinforces our dominant position in GPS precision timing, a market where u‑blox is already very strong” said Thomas Seiler, u‑blox CEO.
Femtocell base station shipments were approximately 2 million units in 2010, and are expected to grow to 12 million units by 2014.
Key results of the transaction:
- Integration of Signav’s assets and IP into u‑blox’ existing activities to enhance and further develop its precision timing chips and modules portfolio.
Femtocell technology is attractive to telecom service providers as it allows them to deliver 2G/3G/4G mobile communications services via the Internet, for example ADSL or cable. The service is then distributed wirelessly to users in localized areas such as home or office via small femtocell basestations. This approach lowers the cost of serving consumers by eliminating the requirement for large, expensive cellular basestations.
The technology also extends mobile phone coverage to remote or weak signal strength areas while extending battery life of mobile phones and improving voice quality. Femtocell technology relies on a precision time reference to insure adherence to stringent radio frequency broadcast requirements.