U-blox, the Swiss positioning and wireless chip and module company, has acquired all assets and intellectual property of Australia-based timing device specialist SigNav.
SigNav's precision-timing and reference frequency technologies are used in 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,” said Thomas Seiler, u-blox CEO.
"The company's know-how, software and equipment reinforces our dominant position in GPS precision timing, a market where u‑blox is already very strong," said Seiler.
U-blox has its own precision timing chips and modules portfolio.
Femtocell technology is now being considered as a cost-effective option for the rollout of 3G and 4G mobile networks.
As a result femtocell basestation shipments were approximately 2 million units in 2010, and are expected to grow to 12 million units by 2014.
Founded in 1997, u-blox is a supplier of embedded positioning and wireless communication devices for the consumer, industrial and automotive markets.
www.u-blox.com