Norbit signs IoT deal with Nordic Semi
Norwegian manufacturer Norbit has signed a partner agreement with wireless chip expert Nordic Semiconductor to explore joint opportunities in the Internet of Things (IoT).
Norbit, based in Trondheim, Norway, has manufacturing facilities in Selbu and Røros, Norway, and provides R&D services and contract manufacturing to key customers. It also has product lines for global maritime markets and Intelligent Traffic Systems (ITS). Last month the company acquired ITS connected car speciliast iData in Hungary for €14.5m.
“With this agreement we have a strong partner to refer existing and potential customers who are looking for help to realize IoT products and solutions. Norbit has in-house multidisciplinary R&D and world-class manufacturing and extensive experience working with wireless technology, customized integrated antennas, embedded software and lower power devices,” says Magnus Pedersen, Director of Sales in EMEA for Nordic Semiconductor.
“Formalizing a partner program agreement with Nordic Semiconductor is a brick when building a new subsegment based on selected IoT/5G niche applications. Nordic Semiconductor is a first mover in ultra-low power wireless solutions both on Bluetooth low Energy and Low power cellular IoT. Norbit can take a position between end-consumers with a specific product need and Nordic Semiconductor as a supplier of the core semiconductors,” said Per Jørgen Weisethaunet, CEO of Norbit.
“IoT enables efficient digitalization in almost any business vertical. We have identified vehicle and asset tracking and monitoring as a good extension of our ITS business. In addition, we see verticals where we can act as a technology and manufacturing partner for other companies ready to bring IoT into their core domains. We believe this partner agreement with Nordic Semiconductor can support the establishment of new business relationships and we are ready to explore joint opportunities with these customers,” said Weisethaunet.
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