M&A Deal Summary

HMS Acquires U-Blox - Wireless Gateway Products

On October 1, 2014, HMS acquired technology hardware company U-Blox - Wireless Gateway Products from u-blox

Acquisition Highlights
  • This is HMS’s 2nd transaction in the Technology Hardware sector.
  • This is HMS’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2014-10-01
Target U-Blox - Wireless Gateway Products
Sector Technology Hardware
Buyer(s) HMS
Sellers(s) u-blox
Deal Type Divestiture

Target

U-Blox - Wireless Gateway Products

Thalwil, Switzerland
U-Blox - Wireless Gateway Products is a provider of wireless gateways and access points.

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Buyer(S) 1

Buyer

HMS

Halmstad, Sweden

Category Company
Founded 1988
Sector Technology Hardware
Employees1,100
Revenue 3.1B SEK (2024)
DESCRIPTION

HMS is a provider of communication technology for industrial automation equipment. HMS Networks was founded in 1988 and is based in Halmstad, Sweden.


DEAL STATS #
Overall 2 of 5
Sector: Technology Hardware M&A 2 of 5
Type: Divestiture M&A Deals 1 of 2
Country: Switzerland M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-30 IXXAT

Weingarten, Germany

IXXAT GmbH is a supplier of communication technology for industrial automation, machine manufacturing and the automotive industry. IXXAT offers hi-tech communication products and services for industrial applications.

Buy €32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-03 eWON SA

Nivelles, Belgium

eWON SA is an IIoT (Industrial Internet of Things) player and provider of intelligent Internet-based remote access routers. eWON offers cutting edge communication products and services for industrial applications such as for remote access to programmable logic controllers (PLCs), data collection applications and cloud-based routing software.

Buy €30M

Seller(S) 1

SELLER

u-blox

Thalwil, Switzerland

Category Company
Founded 1997
Sector Semiconductors
Employees1,150
Revenue 263M CHF (2024)
DESCRIPTION

u-blox is a fabless semiconductor company, provides wireless communications positioning semiconductors and modules for the industrial, automotive. u-blox was founded in 1997 and is based in Thalwil, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-14 connectBlue AB

Malmo, Sweden

connectBlue AB is a provider of industrial‑grade short range radio modules.

Buy Fr.25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-01 Thingstream AG

Zurich, Switzerland

Thingstream AG is a provider of Connectivity‑as‑a-Service for the Internet of Things (IoT) applications. Thingstream is based in Zurich, Switzerland.

Buy -