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u-blox Holding AG ( (CH:UBXN) ) has shared an update.
Advent International’s subsidiary, ZI Zenith S.à r.l., has completed its acquisition of u-blox Holding AG, marking the start of a strategic partnership aimed at enhancing u-blox’s market position and growth. This acquisition will leverage Advent’s global network and expertise to capitalize on increasing demand in the automotive and industrial sectors, positioning u-blox for accelerated innovation and market leadership.
The most recent analyst rating on (CH:UBXN) stock is a Hold with a CHF140.00 price target. To see the full list of analyst forecasts on u-blox Holding AG stock, see the CH:UBXN Stock Forecast page.
More about u-blox Holding AG
u-blox is a global leader in the automotive, industrial, and consumer markets, specializing in positioning and wireless communication technologies. With headquarters in Thalwil, Switzerland, and a presence across Europe, Asia, and the USA, u-blox provides high-precision technologies that enable precise positioning and wireless communication for people, vehicles, and machines.
Average Trading Volume: 53,585
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.01B
Learn more about UBXN stock on TipRanks’ Stock Analysis page.