u-blox, a global contributor in positioning and short-range communication technologies, has announced the transfer of its cellular Internet of Things (IoT) module business to Trasna, a semiconductor and IoT solutions provider. This move reinforces u-blox’s focus on its core locate business while enabling Trasna to strengthen its IoT connectivity chip-to-cloud offering in the original equipment manufacturing (OEM) sector.
The acquisition includes u-blox’s cellular module technology intellectual property (IP), workforce, sites and product portfolio, with Trasna committing to retain all employees, customers and operations. This strengthens Trasna’s position as a comprehensive cellular IoT solutions provider, offering end-to-end capabilities spanning semiconductor chip design, SIM and eSIM manufacturing, and cloud-based remote SIM and device management services.
The cellular IoT market, projected by IoT Analytics to grow at a compound annual growth rate (CAGR) of 15% until 2030, presents a substantial opportunity for Trasna. The deal enhances Trasna’s market reach, particularly in the metering, medical and industrial IoT sectors, using u-blox’s established relationships with OEMs and its global distribution network.
For u-blox, this divestment represents a shift to focus on its high-growth positioning (GNSS) business, reinforcing its leadership in the market and delivering enhanced value to customers and shareholders.
“This deal propels Trasna into fifth gear in the IoT cellular market. By combining u-blox’s expertise in modems with Trasna’s semiconductor and IoT platform solutions, we are unlocking new synergies that drive innovation, efficiency and a fully integrated IoT connectivity solution for our customers” said Stéphane Fund, the CEO of Trasna.
“We are pleased that Trasna intends to acquire the cellular module division, and we are confident that the transition of employees, customers and partners will be seamless” said Stephan Zizala, the CEO of u-blox.
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