u-blox acquires connectBlue for Wi-Fi + Bluetooth

Switzerland-based u-blox has acquired connectBlue AB, a supplier of industrial-grade short range radio modules including Bluetooth and 802.11 Wi-Fi, for SEK 185 million (CHF 25 million). The connectBlue modules are used to enable the last hundreds of meters of connectivity between equipment and the internet. connectBlue is based in Malmo, Sweden.

"The Internet of Things requires end-to-end connectivity to allow powerful applications to manage mission- and business-critical devices such as health monitoring and point of sales terminals, factory automation and vehicle sensors," said Thomas Seiler, u-blox CEO. "connectBlue's short range radio technology combined with our comprehensive line of cellular modems and satellite positioning receivers allow us to provide a complete communication solution for thousands of existing and future applications. We are very pleased to work with our new colleagues in Sweden to build on the deep synergies between our businesses."

u-blox supplies wireless and positioning semiconductors and modules for the automotive, industrial and consumer markets.

http://www.u-blox.com
http://www.connectblue.com