09 Nov 2021
Thalwil, Switzerland – November 9, 2021 – u-blox AG (SIX:UBXN), a global provider of leading positioning and wireless communication technologies and services, today announced that it has entered into a worldwide, non-exclusive, patent license agreement with Koninklijke KPN N.V. (KPN), a Dutch telecommunications operator, for a defined term.
The agreement covers the sale of u‑blox of products and services that KPN believes to be essential for telecommunication standards. Litigation between the two companies has been dismissed.
“u-blox respects the intellectual property rights of others and has always been and continues to be a willing licensee to standard essential patents (SEPs)”, said Thomas Seiler, CEO of u-blox. “In fact, u-blox views this as a value-added differentiator that benefits u-blox customers and positively distinguishes u-blox within the module industry. u-blox remains committed to this strategy – it’s how we create value for our customers.”
u‑blox (SIX:UBXN) is a global technology leader in positioning and wireless communication in automotive, industrial, and consumer markets. Their smart and reliable solutions, services and products let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and secure data services and connectivity, u‑blox is uniquely positioned to empower its customers to develop innovative and reliable solutions for the Internet of Things, quickly and cost‑effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA. (www.u-blox.com)
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