u-blox Finalizes Cellular Business Divestment to Trasna, Sharpens Focus on Positioning Technologies

u-blox , a global provider of positioning and wireless communication technologies, has completed the divestment of its Cellular business to Trasna. The transaction aligns with u-blox’s strategy to concentrate on its core positioning technologies.

The agreement with Trasna ensures the Cellular business continues under new ownership, maintaining its operational continuity. Stephan Zizala, CEO of u-blox, stated: “The closing of the Cellular divestment marks a key milestone in our transformation journey. With a sharper focus, we look forward to continuing our growth path and delivering value to our stakeholders.”

u-blox projects Q2 2025 revenue of CHF 60–70 million, compared to CHF 52.0 million in Q2 2024 (+15% to +35%) and CHF 60.2 million in Q1 2025 (0% to +16%), with an adjusted cash EBIT margin, excluding restructuring costs, of 0% to 10%. The company expects gradual business recovery in 2025, supported by steady customer order growth. Excluding the Cellular business, u-blox anticipates sequential quarterly improvement and double-digit revenue growth in its Locate and Short-Range segments.

Headquartered in Thalwil, Switzerland, with offices in Europe, Asia, and the USA, u-blox provides positioning and short-range communication technologies for automotive, industrial, and consumer markets. For more information, visit www.u-blox.com...