u-blox buys Rigado’s Bluetooth modules business

August 01, 2019 //By Ally Winning
u-blox has acquired Oregon-based Rigado’s Bluetooth modules business in an Asset Purchase Agreement.
u-blox has acquired Oregon-based Rigado’s Bluetooth modules business in an Asset Purchase Agreement.

Rigado offers Edge-as-a-Service gateway solutions for IoT applications, and has provided certified wireless modules in 2015.

The purchase will extend u-blox’ range of products for Bluetooth low energy, Zigbee and Thread, and also provide additional market segments and channels for the Swiss company. Rigardo’s existing customers will also have access to all u-blox Wi-Fi, cellular, and positioning solutions. In addition, Rigado’s customers now benefit from u-blox’s global support capabilities.

“Rigado’s Bluetooth modules business complements our portfolio and gives us access to more channels and new interesting customers in the area of smart home, wearables, as well as fitness,” said Herbert Blaser, Head Product Center Short Range Radio, u‑blox. “We’re also looking forward to the ongoing collaboration with distribution partners like Digi-key or Future Electronics, where we’ll be able to offer a seamless transition”, he noted.

“We’re very proud of both our market-leading modules division and Rigado’s fast-growing edge infrastructure gateway business”, Greg Rau, President of Rigado, added. “The value we capture from the acquisition of the modules division will allow us to further accelerate Rigado’s growth in the gateway market – especially in key solution areas such as smart building and asset tracking.”

Ben Corrado, former CEO of Rigado, will join u-blox’ Short Range Radio product strategy team. Other key staff of Rigado’s modules division have also joined u-blox, while the existing Rigado office in Salem (OR) will now be the North American Short Range Radio Engineering Center for u‑blox.

The Rigado Bluetooth modules portfolio will be re-branded under the u‑blox name and integrated into the short range radio offering.

More information

https://www.u-blox.com

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www.rigado.com


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