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u-blox Acquires Short Range Modules Business from Lesswire

Published: Dec 08,2014

Swiss based u-blox announces the acquisition of the automotive-grade Bluetooth and Wi-Fi module products and a team of key engineers from lesswire AG, a subsidiary of the PRETTL group. Founded in 1999, lesswire is a privately owned company that provides robust vehicle-ready short range wireless communication modules to Tier-1 automotive electronics suppliers in Europe and Asia.

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“The addition of the automotive modules from lesswire positions u-blox as a strategic supplier of wireless technology to the fast growing market for in-car and Vehicle-to-Vehicle (V2V) communication systems,“ said Herbert Blaser, VP of short range products at u-blox.

“Besides actual high demand for in-car connectivity, next generation smart cars will have advanced safety and collision avoidance systems that depend on robust, reliable communications. Building on u blox’ leadership in automotive positioning electronics, this acquisition adds a key enabling technology to our portfolio. We welcome our new colleagues in Berlin to build on the synergies between our companies.”

“The sale of our automotive short range modules to u-blox is advantageous for both companies," said Dr. Ralph Meyfarth, lesswire CEO.

“lesswire will continue to focus on system-level products for car connectivity and industrial wireless solutions, and we will depend on u-blox as module-experts to deliver us the key wireless components we need to continue growing in this market.”

lesswire’s module operations in Berlin will become a u-blox product center for automotive-grade short range radio modules. For existing lesswire customers the current product offering will continue to be supported and further developed.

The transaction is subject to customary closing conditions.

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