U-blox

Last updated
u-blox Holding AG
Company type Public
SIX:  UBXN
Industry Semiconductors, Internet of Things (IoT)
Founded1997
Headquarters
Thalwil, canton of Zürich, Switzerland
Key people
  • Stephan Zizala (CEO)
  • André Müller (Chairman)
RevenueIncrease2.svg SFr  262.9 million (2021) [1]
Increase2.svg SFr 121.8 million (2021) [2]
Increase2.svg SFr 101.8 million (2021) [2]
Number of employees
850 (2025) [3]
Website www.u-blox.com

u-blox is a Swiss company that creates wireless semiconductors and modules for consumer, automotive and industrial markets. They operate as a fabless IC and design house. The company originated as a spin-off from ETH Zurich and was founded in 1997. [4] u-blox went public on the Swiss exchange (SIX; symbol UBXN) in 2007. [5] In 2025, private equity firm Advent International agreed to acquire u-blox via a public tender offer, and later announced completion of the transaction. [6] [7]

Contents

Listed at the Swiss Stock Exchange (SIX:UBXN), it has offices in the US, Singapore, China, Taiwan, Korea, Japan, India, Pakistan, Australia, Ireland, the UK, Belgium, Germany, Sweden, Finland, Italy and Greece.

History

Based in Thalwil, Switzerland, u-blox is a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH) [8] [9] and was founded in 1997. Thomas Seiler served as CEO for two decades until his retirement on December 31, 2022, when his position was taken over by Stephan Zizala. [10]

In 2016, the company opened a new office in Taipei, Taiwan. [11] On November 26, 2025, three months after agreeing to buy it for $1.3 billion, [12] it was announced that the private equity firm Advent International had completed the acquisition of the company. [13]

u-blox listed its shares on the SWX Swiss Exchange (now SIX Swiss Exchange) in October 2007. [14] [15] In August 2025, Advent International announced a planned acquisition of the company via a cash tender offer, and u-blox confirmed the proposal; the takeover was later treated as a corporate action and reported as completed in November 2025. [16] [17] [18]

In January 2025, u-blox announced a strategic decision to increase its focus on its "Locate" business and to phase out its Cellular business. [19]

Products and technology

u-blox organizes its product portfolio around positioning (GNSS) and short-range wireless communication components, and also offers related services such as GNSS correction services for high-precision positioning. [20] [21] [22]

u-blox provides starter kits which allow quick prototyping of variety of applications for the Internet of Things. [23] It develops and sells chips and modules that support global navigation satellite systems (GNSS), including receivers for GPS, GLONASS, Galileo, BeiDou and QZSS. [24] The wireless range consists of GSM-, UMTS- and CDMA2000 and LTE modules, as well as Bluetooth- and WiFi-modules. All these products enable the delivery of complete systems for location-based services and M2M applications (machine-to-machine communication) in the Internet of Things, that rely on the convergence of 2G/3G/4G, Bluetooth-, Wi-Fi technology and satellite navigation. [25] A collaboration to create GNSS receiver that work globally was started between u-blox, SoftBank and ALES in 2021. [26] One year later, in 2022, u-blox released the at the time smallest LTE Cat 4 Module LARA-L6. [27] The company launched a dual-band GNSS module in 2023 that uses the L1 as well as the L5 GPS frequency bands. [28] In 2024 u-blox released the LEXI-R10, which was, according to the company, the smallest LTE Cat 1bis module at time of launch. [29] [30]

Acquisitions

They acquired a dozen companies after their IPO in 2007, after acquiring connectblue [31] in 2014 and Lesswire in 2015 [32] they acquired Rigado's module business in 2019. [33] In 2019, u-blox acquired Rigado's Bluetooth modules business and stated that the portfolio would be integrated into its short-range radio offering. [34] [35] In 2020, u-blox acquired Thingstream. [36] In 2021, u-blox AG acquired Sapcorda Services GmbH, a provider of high precision GNSS (global navigation satellite system) services. [37] and Naventik GmbH, a German company specializing in the development of safe positioning solutions for autonomous driving. [38]

References

  1. "u-blox Annual Report 2024" (PDF).
  2. 1 2 "u-blox Annual Report 2022".
  3. "Key figures" (PDF).
  4. ETH Zurich Annual Report 2017 (Industry & society) (PDF) (Report). ETH Zürich. Retrieved 2026-01-16.
  5. "Listings on the Swiss Stock Exchange – IPO history: u-blox Holding AG". SIX Group. Retrieved 2026-01-16.
  6. "Private equity group Advent to acquire U-Blox for $1.3 billion". Reuters. 2025-08-17. Retrieved 2026-01-16.
  7. "Advent completes acquisition of u-blox". Advent International. 2025-11-26. Retrieved 2026-01-16.
  8. Jain, Sakshi (2023-06-13). "The core idea behind u-blox has always been to explore new business opportunities using module-based solutions with third-party chips- Andreas Thiel". ELE Times. Retrieved 2023-11-17.
  9. "Well positioned with GPS technology". www.ethlife.ethz.ch. Archived from the original on 2023-11-17. Retrieved 2023-11-17.
  10. "u-blox announces CEO transition effective 1 January 2023". u-blox. 24 May 2022. Retrieved 2023-04-16.
  11. "u-blox Taiwan expands into new Taipei offices". iot-now.com. 2016-05-18. Retrieved 2023-12-19.
  12. Figueras, Andrea. "Advent International to Buy U-blox For $1.3 Billion". The Wall Street Journal. Retrieved 2025-08-20.
  13. "Advent completes acquisition of u-blox". Les Echos. Retrieved 2025-11-26.
  14. ETH Zurich Annual Report 2017 (Industry & society) (PDF) (Report). ETH Zürich. Retrieved 2026-01-16.
  15. "Offer price for u-blox set at CHF 51 per share". u-blox. 2007-10-26. Retrieved 2026-01-16.
  16. "Private equity group Advent to acquire U-Blox for $1.3 billion". Reuters. 2025-08-17. Retrieved 2026-01-16.
  17. "Advent completes acquisition of u-blox". Advent International. 2025-11-26. Retrieved 2026-01-16.
  18. "Advent completes acquisition of u-blox". Advent International. 2025-11-26. Retrieved 2026-01-16.
  19. ETH Zurich Annual Report 2017 (Industry & society) (PDF) (Report). ETH Zürich. Retrieved 2026-01-16.
  20. ETH Zurich Annual Report 2017 (Industry & society) (PDF) (Report). ETH Zürich. Retrieved 2026-01-16.
  21. ETH Zurich Annual Report 2017 (Industry & society) (PDF) (Report). ETH Zürich. Retrieved 2026-01-16.
  22. "Private equity group Advent to acquire U-Blox for $1.3 billion". Reuters. 2025-08-17. Retrieved 2026-01-16.
  23. "u-blox C027 | Mbed". os.mbed.com. Retrieved 2021-04-09.
  24. "Chinese car maker chose u-blox GNSS receiver". electronicsweekly.com. 2021-01-14. Retrieved 2023-12-14.
  25. "U-blox Sharpens Focus on Connected Car Market". insideunmannedsystems.com. 2015-12-09. Retrieved 2023-12-14.
  26. "SoftBank Corp. and u-blox to Collaborate on Global GNSS Augmentation Services". insidegnss.com. 2021-11-19. Retrieved 2023-12-14.
  27. "Smallest LTE Cat 4 Module with Global Coverage and 2G/3G Fallback". nasdaq.com. 2022-05-24. Retrieved 2023-12-14.
  28. "u-blox Introduces F10 Dual-Band GNSS Platform for Superior Urban Positioning Accuracy". insidegnss.com. 2024-03-20. Retrieved 2024-08-14.
  29. "Universally Applicable 4G Cellular Modules in Compact Form Factor Target IoT Usage". epdtonthenet.net. 2024-06-23. Retrieved 2024-08-14.
  30. "u-blox launches new LTE Cat 1bis cellular modules". electronicspecifier.com. 2024-06-18. Retrieved 2024-08-14.
  31. "u-blox acquires connectBlue; adds Wi-Fi and Bluetooth connectivity" (PDF). www.connectblue.com. Archived from the original (PDF) on 5 June 2016. Retrieved 2021-04-09.
  32. "u-blox acquires automotive short range modules business from Lesswire". u-blox. 2014-12-02. Retrieved 2021-04-09.
  33. u-blox acquired Rigado's Bluetooth Modules Business
  34. ETH Zurich Annual Report 2017 (Industry & society) (PDF) (Report). ETH Zürich. Retrieved 2026-01-16.
  35. ETH Zurich Annual Report 2017 (Industry & society) (PDF) (Report). ETH Zürich. Retrieved 2026-01-16.
  36. "Thingstream acquired by u-blox". u-blox. April 2020.
  37. "u-blox acquires full ownership in Sapcorda Joint Venture". u-blox. 18 March 2021.
  38. "u-blox and Naventik". itsax.[ permanent dead link ]