on U-blox AG (isin : CH0033361673)
U-blox Finalizes Sale of Cellular Business to Trasna
On June 6, 2025, u-blox, based in Thalwil, Switzerland, announced the successful completion of its cellular business divestment to Trasna. This strategic decision underscores u-blox's intent to refocus on its core positioning technologies while ensuring continuity and growth potential for the cellular unit under Trasna's ownership.
CEO Stephan Zizala highlighted this divestment as a transformative milestone for u-blox, allowing it to pursue a more concentrated growth strategy. Despite the sale, u-blox maintains its revenue projection for the second quarter of 2025, anticipating CHF 60-70 million, reflecting notable growth compared to last year.
The company remains optimistic about 2025, with expectations of continued industrial recovery and robust growth in its positioning and short-range communication segments.
R. P.
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