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.
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