U-blox buys precision timing technology for femtocells
U-blox has made another acquisition – this time, the company has bought Australia-based SigNav. This follows the news last week that U-blox had acquired Fusion Wireless.
SigNav is a 15-year veteran in precision-timing and reference frequency technologies required by consumer femtocell and mobile basestation applications. U-blox has bought the company’s assets and IP.
“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.