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Dow Jones News
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(1)

u-blox AG: u-blox acquired Rigado's Bluetooth modules business and extends Bluetooth low energy offerings for customers

EQS Group-Media / 2019-07-31 / 18:00 
 
*Press Release* 
 
*u-blox acquired Rigado's Bluetooth modules business and extends Bluetooth 
low energy offerings for customers* 
 
*The acquisition complements u-blox's commitment for an extended Bluetooth 
product offering and adds access to new sales channels and market segments.* 
 
*Thalwil, Switzerland - **July 31, 2019 -* u-blox (SIX:UBXN), a global 
provider of leading positioning and wireless communication technologies, 
today announced it acquired Rigado's Bluetooth modules business in an Asset 
Purchase Agreement. Rigado is a leading provider of Edge-as-a-Service 
gateway solutions for Commercial IoT, and began offering certified wireless 
modules in 2015. 
This acquisition will allow u-blox to extend their range of products in the 
area of Bluetooth(R) low energy, Zigbee and Thread, as well as to access 
additional market segments and channels. The combined short range radio 
offering adds new modules targeting consumer-oriented markets, for instance 
sport and fitness, while Rigado's existing customers will get access to all 
u-blox Wi-Fi, cellular, and positioning solutions for their IoT 
applications. In addition, Rigado's customers will benefit from u-blox's 
global support capabilities. 
"Rigado's Bluetooth modules business complements our already extensive 
portfolio and gives us access to more channels and new interesting customers 
in the area of smart home, wearables, as well as fitness," said Herbert 
Blaser, Head Product Center Short Range Radio, u-blox. "We're also looking 
forward to the ongoing collaboration with distribution partners like 
Digi-key or Future Electronics, where we'll be able to offer a seamless 
transition", he noted. 
"We're very proud of both our market-leading modules division and Rigado's 
fast-growing edge infrastructure gateway business", Greg Rau, President of 
Rigado, added. "The value we capture from the acquisition of the modules 
division will allow us to further accelerate Rigado's growth in the gateway 
market - especially in key solution areas such as smart building and asset 
tracking." 
Going forward, Ben Corrado, former CEO of Rigado, will be part of u-blox's 
Short Range Radio product strategy team. With him, other key staff of 
Rigado's modules division have also joined u-blox, while the existing Rigado 
office in Salem (OR) will be the North American Short Range Radio 
Engineering Center for u-blox. 
 
The Rigado Bluetooth modules portfolio will be re-branded under the u-blox 
name and integrated into the short range radio offering. 
 
About u-blox 
u-blox (SIX:UBXN-) is a global provider of leading positioning and wireless 
communication technologies for the automotive, industrial, and consumer 
markets. Their solutions let people, vehicles, and machines determine their 
precise position and communicate wirelessly over cellular and short range 
networks. With a broad portfolio of chips, modules, and a growing ecosystem 
of product supporting data services, u-blox is uniquely positioned to 
empower its customers to develop innovative solutions for the Internet of 
Things, quickly and cost-effectively. With headquarters in Thalwil, 
Switzerland, the company is globally present with offices in Europe, Asia, 
and the USA. (www.u-blox.com [1]) 
 
Find us on Facebook [2], LinkedIn [3], Twitter @ublox [4] and YouTube [5] 
 
*For more information:* 
 
*u-blox contact:* 
Gitte Jensen 
Investor Relations Manager 
Phone: +41 44 722 74 86 
E-mail: gitte.jensen@u-blox.com 
 
*About Rigado* 
Founded in 2010, Rigado's Edge-as-a-Service solutions power more than 300 
global customers and 5 million connected devices across Commercial IoT 
solutions such as Asset Tracking, Smart Lighting, and Sensing and Monitoring 
in markets like Smart Workplaces, and Connected Retail and Logistics. Rigado 
is headquartered in Portland, Oregon with offices in London, UK and 
Shenzhen, China. (www.rigado.com [6]) 
 
Find us on Facebook [7], LinkedIn [8], Twitter [9] and YouTube [10] 
 
*Rigado media contact:* 
Phone: 971.208.9780 
E-mail: pr@rigado.com 
 
Issuer: u-blox AG 
Key word(s): Enterprise 
 
End of Corporate News 
Language:    English 
Company:     u-blox AG 
             Zürcherstrasse 68 
             8800 Thalwil 
             Switzerland 
Phone:       +41 44 722 74 44 
Fax:         +41 44 722 74 47 
E-mail:      info@u-blox.com 
Internet:    www.u-blox.com 
ISIN:        CH0033361673 
Listed:      SIX Swiss Exchange 
EQS News ID: 848333 
 
End of News EQS Group Media 
 
848333 2019-07-31 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=af5e1a88f80dee2b14b56c23ef66d8ba&application_id=848333&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=99a4054bbe8b8f79fe108c7fb69c46c3&application_id=848333&site_id=vwd&application_name=news 
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=c5371f4ad8d82f61c776d77f48ce07b0&application_id=848333&site_id=vwd&application_name=news 
4: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=038d74f8156865bcb765057e289aaee2&application_id=848333&site_id=vwd&application_name=news 
5: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=60b9c5e734211f8da674a8446391f2e3&application_id=848333&site_id=vwd&application_name=news 
6: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=0b924747bb31d5d2cfbac9795d2ce35d&application_id=848333&site_id=vwd&application_name=news 
7: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ee7aa397f6ac0b0f88c8450e8d07151d&application_id=848333&site_id=vwd&application_name=news 
8: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ca88dcaca57c42923ca3de7afd49495a&application_id=848333&site_id=vwd&application_name=news 
9: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=4022b9c9386c635e8429c78e0192eb6e&application_id=848333&site_id=vwd&application_name=news 
10: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=4fb19aa670321864e7d598d421b88cf3&application_id=848333&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

July 31, 2019 12:01 ET (16:01 GMT)

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