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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  U-blox Holding AG    UBXN   CH0033361673

U-BLOX HOLDING AG

(UBXN)
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u-blox AG: u-blox and Interdigital sign new license agreement and dismiss litigation

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11/12/2019 | 03:05am EST

EQS Group-News: u-blox AG / Key word(s): Legal Matter
u-blox AG: u-blox and Interdigital sign new license agreement and dismiss litigation

12.11.2019 / 09:00



u-blox and Interdigital sign new license agreement
 

Thalwil, Switzerland - November 12, 2019 - u-blox (SIX: UBXN, OTC: UBLXF), a global provider of senior positioning and wireless communication technologies, and the InterDigital Group (NASDAQ: IDCC), a mobile and video technology research and development company, entered into an agreement on November 1, 2019 that includes a license covering all u-blox cellular modules. As a result, all litigation matters between the two companies have been dismissed.

In January of 2019, the United States Federal Court in San Diego, California, to determine fair, reasonable and non-discriminatory (FRAND) rates for patents licensed by the InterDigital Group.

"u-blox respects the intellectual property rights of others and has always been willing to become a licensee to standard essential patents (SEPs)," said Thomas Seiler, CEO of u-blox. "In fact, u-blox is a value-added differentiator that benefits u-blox results in this category." create value for our customers. "
 

About u-blox
u-blox (SIX: UBXN) is a global provider of advanced positioning and wireless communication technologies for the automotive, industrial, and consumer markets. Their solutions let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular networks. With a broad portfolio of chips, modules, and a growing ecosystem of products supporting services, it is uniquely developed to empower its customers to develop innovative solutions for the Internet of Things, quickly and cost-effectively. With headquarters in Thalwil, Switzerland, the company is globally with offices in Europe, Asia, and the USA. www.u-blox.com
 

Find us on Facebook , LinkedIn , Twitter @ublox and YouTube
 

u-blox contact:
Kent Baker
Senior Principal, IP Strategy
Tel +1 (858) 847-9611
kent.baker@u-blox.com

u-blox AG
Zürcherstrasse 68
8800 Thalwil
Switzerland
Phone +41 44 722 74 44
Fax +41 44 722 74 47
info@u-blox.com
www.u-blox.com



End of Corporate News


Language: English
Company: u-blox AG
Zürcherstrasse 68
8800 Thalwil
Switzerland
Phone: +41 44 722 74 44
Fax: +41 44 722 74 47
E-mail: info@u-blox.com
Internet: www.u-blox.com
ISIN: CH0033361673
Listed: SIX Swiss Exchange
EQS News ID: 910075

 
End of News EQS Group News Service

910075  12.11.2019 

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© EQS 2019
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Financials (CHF)
Sales 2019 386 M
EBIT 2019 19,2 M
Net income 2019 12,7 M
Debt 2019 2,70 M
Yield 2019 0,98%
P/E ratio 2019 53,2x
P/E ratio 2020 35,5x
EV / Sales2019 1,72x
EV / Sales2020 1,58x
Capitalization 660 M
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Mean consensus UNDERPERFORM
Number of Analysts 4
Average target price 74,00  CHF
Last Close Price 95,10  CHF
Spread / Highest target -8,52%
Spread / Average Target -22,2%
Spread / Lowest Target -42,2%
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NameTitle
Thomas William Seiler Chief Executive Officer & Director
André Müller Chairman
Roland Jud Chief Financial Officer
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