Bittium (company)

Bittium Corporation
Public
Traded as OMX: BITTI
Industry Information Technology
Founded 1985
Headquarters Oulu, Finland
Key people
Hannu Huttunen (CEO)
Revenue 224,1 M€ (in 2014)
Number of employees
500+
Website www.bittium.com

Bittium Corporation is a Finnish company headquartered in Oulu.

Bittium is an engineering company in Wireless businesses. Bittium is specialized in embedded software and hardware solutions for wireless industries.

The company's customer segments include the telecommunications, Internet of Things, and defense industries.

On 28 January 2013 Anite plc of the U.K. announced it would acquire the Elektrobit System Test Ltd. subsidiary from Elektrobit Corporation (EB), representing the Propsim portion of EB's business. The acquisition was effective 1 February 2013.

On May 19, 2015, Elektrobit announced the sale of its automotive business segment to Continental AG for $680 million USD.[1] The sale includes the Elektrobit brand and all automotive segment assets. Elektrobit's wireless business will be renamed Bittium Oyj.

Bittium products and services

Bittium's products are:

See also

References

  1. Behrmann, Elisabeth. "Continental to Buy Elektrobit Software Unit for $680 Million". Bloomberg.com. Retrieved 2015-05-30.

External links

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