Xsens Acquires Assets of Utellus
Strategic move by Xsens to build on its leadership in aided inertial tracking systems.
Xsens Technologies B.V. announced on August 6th, 2008 that it has completed the acquisition of substantially all of the assets of Utellus B.V., a privately held technology company with deep knowledge of impulse-radio Ultra-Wide Band (UWB) technology and applications. The terms of the transaction were not disclosed.
Utellus was founded in 2003 as a spin-off from Ericsson EuroLabs in Enschede, The Netherlands. Utellus has successfully demonstrated UWB technology for accurate position tracking at high update rates for several applications.