u-blox

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01 Oct 2014

HMS Networks AB acquires non-module short range wireless product line from u-blox

Press Release

Thalwil, Switzerland, Oct. 1, 2014 – Swiss-based u-blox AG has divested its non-module wireless gateways products, which includes wireless gateways and access points, to Swedish HMS Networks AB.

u-blox’ cellular and short range wireless modules are not affected by this agreement.

“u-blox’ primary focus is on chips and modules for embedded applications. The wireless gateway products that were part of the former connectBlue acquisition are therefore outside of our strategic focus. We are delighted that HMS has taken over these products to serve the existing customer base, and look forward to our continued partnership as strategic supplier of Bluetooth and Wi-Fi modules to HMS.” says Herbert Blaser, Vice President Short Range Products at u-blox.

“We are excited to add u-blox’ ready-to-use gateway product line to our solutions for industrial communication gateways under our brand “Anybus”. We see wireless gateways as a technology that is gaining more and more importance in industrial applications. We are looking forward to maintaining and further developing our business around wireless gateways serving this expanding market.” says Staffan Dahlström, CEO of HMS.

For more information please contact:

HMS Networks contacts:
CFO HMS Networks AB Gunnar Högberg Phone: +46-35 17 29 95 E-mail: guh@hms.se
CEO HMS Networks AB Staffan Dahlström Phone: +46-35 17 29 01

E-mail: std@hms.se

or

u-blox contact:
Herbert Blaser, VP Short Range Radio
Phone: +41 44 722 7469
E-mail: herbert.blaser@u-blox.com

About u-blox
Swiss-based u-blox (SIX:UBXN) is a leading provider of wireless and positioning semiconductors and modules for the automotive, industrial and consumer markets. Our solutions enable people, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video. With a broad portfolio of chips, modules and software solutions, u-blox is uniquely positioned to allow OEMs to develop innovative solutions that enable mobility quickly and cost-effectively. With headquarters in Thalwil, Switzerland, u-blox is globally present with offices in Europe, Asia and the USA.

About HMS
HMS Networks AB (publ) is a world-leading supplier of communication technology for industrial automation. Sales amounted to SEK 501 million in 2013. Over 90% of these sales were to customers located outside Sweden. All development and the major portion of manufacturing are carried out at the head office in Halmstad and in Weingarten. Sales offices are located in Japan, China, Germany, Denmark, India, UK, USA, Italy and France. HMS has 350 employees and produces network interface cards and products to interconnect different networks under the trademark Anybus® and IXXAT® and products for Remote Management under the trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm in the category Small Cap, Information Technology.

HMS Networks website