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3db delivers secured, ultra-low power and high-precision integrated UWB ranging and sensing products which enable a broad range of applications including provable secured access to valuable assets (vehicles, buildings), secured proof of proximity for seamless mobile payments and real-time high accuracy and precision localisation of connected, intelligent devices.
Infineon now adds UWB to its connectivity range including Wi-Fi, Bluetooth /Bluetooth Low Energy and NFC.
Infineon is acquiring 100% of the company’s shares. The parties have agreed not to disclose the amount of the transaction.
“Our combined strengths enable the UWB roll-out to address additional automotive, industrial and consumer IoT applications as the next logical step,” says Infineon’s Thomas Rosteck, President of Infineon’s Connected Secure Systems division.
”With Smartphone manufacturers adding UWB capability in the latest and future generations of their products, the demand for UWB-capable devices is expected to grow significantly. Our mission is to open up the best of this technology to smartphones as well as cars and to enable standalone integration in low-power IoT devices,” says Boris Danev, Co-Founder and CEO of 3db..
