Trident IoT has acquired dual mode cellular-satellite communications chipset and module technology, as well as a core development team, from U-Blox.

The acquisition, for an undisclosed sum, ensures the ongoing development and evolution of satellite IoT connectivity and preserves the work begun by U-Blox in this area.

“We are excited about the opportunity to secure this technology and a talented team of engineers that make it all work,” said Michael Lamb, CEO of California-based Trident IoT. “This acquisition is a significant milestone for Trident IoT’s expansion. The use of satellite communications in the IoT industry is growing rapidly, and we are excited to address this opportunity with proven technology from U-Blox.”

The transaction moves the UBX-R52 chipset and the Sara-S5 satellite module technology, and a team of engineers that worked on these products at U-Blox, exclusively to Trident IoT. Customers and partners who contracted with U-Blox for these products are being transitioned to Trident IoT for continuity.

“We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies,” said Stephan Zizala, CEO of Swiss firm U-Blox. “This move aligns with our strategic focus on our locate business.”

This transaction follows U-Blox’s divestment last month of its cellular business to Trasna (www.trasna.io), which did not include the dual mode cellular-satellite communications business.

“This acquisition marks a significant milestone for Trasna as we expand our capabilities in cellular technology,” said Stéphane Fund, CEO of Trasna. “We see tremendous potential in building upon the strong foundation established by taking over U-Blox’s cellular module portfolio and team. We look forward to welcoming the talented cellular team and working together to drive the business forward.”

Trident IoT (www.tridentiot.com) is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, it specialises in products and services that simplify the product development journey. Trident IoT is built around three pillars: IoT silicon and tools; design and development support; and US-based certification services.

U-Box (www.u-blox.com) is headquartered in Thalwil, Switzerland, and has offices across Europe, Asia and the USA.