“The acquisition of Fusion Wireless immediately gives u-blox new, cutting-edge wireless module products plus access to the huge embedded CDMA market in North America for both consumer and M2M applications. It also expands our wireless module technology roadmap to cover all popular standards used in the Americas based on a layout-consistent form factor. This will allow our customers to easily adapt their products to match geographical requirements as well as overcome network coverage limitations,” said Thomas Seiler, u?blox CEO.
Key terms of the transaction include:
Technology and modules in the area of CDMA wireless technology in several form factors
Integration of the Fusion Wireless business into u-blox’ existing activities to leverage and further strengthen the mutual commercial activities as well as capitalize on technological synergies
CDMA2000 is a mobile telephone standard deployed extensively in the US, and has the highest number of subscribers. It includes high-speed data channels that are used for consumer devices such as notebooks and tablet computers, as well as lower data transmission rates for machine-to-machine applications such as remote metering, remote monitoring and control, fleet management, point-of-sales terminals and remote patient monitoring systems.
Further details about the acquisition can be found in the analysts presentation (PDF).