Halmstad, Sweden and Thalwil Switzerland, Oct. 1, 2014 - Swedish HMS Networks AB
has acquired the wireless gateway products from Swiss-based u-blox AG, which
includes wireless gateways and access points
u-blox' cellular and short range wireless modules are not affected by this
agreement.
"u-blox' primary focus is on chips and modules for embedded applications. The
wireless gateway products that were part of the former connectBlue acquisition
are therefore outside of our strategic focus. We are delighted that HMS has
taken over these products to serve the existing customer base, and look forward
to our continued partnership as strategic supplier of Bluetooth and Wi-Fi
modules to HMS." says Herbert Blaser, Vice President Short Range Products at u-
blox.
"We are excited to add u-blox' gateway product line to our solutions for
industrial communication gateways under our brand "Anybus". We see wireless
gateways as a technology that is gaining more and more importance in industrial
applications. We are looking forward to maintaining and further developing our
business around wireless gateways serving this expanding market." says Staffan
Dahlström, CEO of HMS.
For more information please contact:
CEO HMS Networks AB Staffan Dahlström, telephone: +46-35 17 29 01 std@hms.se
CFO HMS Networks AB Gunnar Högberg, telephone: +46-35 17 29 95 guh@hms.se
This information is such that HMS Networks AB (publ) is required to disclose in
accordance with the Swedish Financial Instruments Trading Act and/or the Swedish
Securities Market Act. The information was submitted for publication at 17.45
CET on October 1, 2014.
HMS Networks AB (publ) is a world-leading supplier of communication technology
for industrial automation. Sales amounted to SEK 501 million in 2013. Over 90%
of these sales were to customers located outside Sweden. All development and the
major portion of manufacturing are carried out at the head office in Halmstad
and in Weingarten. Sales offices are located in Japan, China, Germany, Denmark,
India, UK, USA, Italy and France. HMS has 350 employees and produces network
interface cards and products to interconnect different networks under the
trademark Anybus® and IXXAT® and products for Remote Management under the
trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm in
the category Small Cap, Information Technology.
Swiss-based u-blox (SIX:UBXN) is a leading provider of wireless and positioning
semiconductors and modules for the automotive, industrial and consumer markets.
Our solutions enable people, vehicles and machines to locate their exact
position and wirelessly communicate via voice, text or video. With a broad
portfolio of chips, modules and software solutions, u-blox is uniquely
positioned to allow OEMs to develop innovative solutions that enable mobility
quickly and cost-effectively. With headquarters in Thalwil, Switzerland, u-blox
is globally present with offices in Europe, Asia and the USA.
[HUG#1860052]
