Fastrax, located in Espoo, Finland, is a leading developer of high performance GNSS receivers and software GNSS solutions. Corum Group represented Fastrax in its sale to u-blox, the global leader in positioning and wireless semiconductors and modules for the consumer, industrial and automotive markets.
The combination of these two industry leading companies reaffirms u-blox’s commitment to staying on top of the global positioning market and delivering its customers the best available solutions worldwide.
Corum provided substantial support through the entire transaction process. Their expertise was critical to helping us find the right partner and to making the deal happen as quickly as it did.