According to to Bloomberg the deal could be worth more than a billion Swiss francs – about $1.2 billion.
U-Blox reported its H1 results on August 6th recording
a loss of 7.7 million francs compared to a 28 million franc loss in H 2024
H1 revenues were up 32% y-o-y at 123.4 million francs from 93.8 million francs in H1 2024.
All major business segments recorded double-digit growth, supported by the continued reduction of excess inventory at customers and broad-based demand recovery, particularly in the automotive and industrial sectors.
H1 cash EBIT turned positive at 2.9 million francs, an improvement from -26.0 million francs in H1 2024.
‘This turnaround reflects the successful execution of cost reduction measures in 2024 and operational leverage from higher revenues’, says U-Blox.
In June 2025, u-blox completed the divestment of its Cellular business to Trasna, allowing U-Blox to focus on its core strengths in positioning technologies
