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u-blox pays $7M for Antcor Wi-Fi base band IP

Posted: 07 Aug 2014 ?? ?Print Version ?Bookmark and Share

Keywords:Wi-Fi? wireless? base band? u-blox? Antcor?

Switzerland-based u-blox has struck a $6.95 million deal with Wi-Fi base band IP developer Antcor Advanced Network Technologies S.A. in an effort to strengthen its foothold in the wireless M2M sector.

Antcor's wireless base band IP portfolio includes 802.11ah IP that employs a flexible architecture for battery-operated devices such as wearables and sensors. It can also be scaled up to 44 MIMO to support Smart-Home Gateways and industrial automation infrastructure networks.

"The acquisition of Antcor's technology and expertise significantly strengthens our chip design capabilities for short range wireless communications. Their technology is a perfect complement to our wireless communications and global positioning activities and expands our ability to deliver robust, end-to-end M2M communication solutions to our customers," said Thomas Seiler, u-blox CEO.

The transaction gives u-blox immediate ownership of advanced Wi-Fi core technology that the company said will enable it to develop ruggedized communication solutions tailored to demanding environments.

u-blox's portfolio include compact, low-power chips and modules for automotive, industrial M2M and consumer applications. The firm said it will leverage Antcor's Wi-Fi core technology to develop ruggedised communication solutions tailored to demanding environments.

u-blox claims to have more than 4,500 customers benefiting from its solutions. The company was founded in 1997, and currently employs 500 people.

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