Traded as Nasdaq Helsinki: BITTI Key people Hannu Huttunen (CEO) Website www.bittium.com CEO Jukka Harju (4 Jun 2009–) Number of employees 517 | Industry Information Technology Revenue 56,8 M€ (in 2015) Headquarters Oulu, Finland Founded 1985 Type Public company | |
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Bittium Corporation is a Finnish company headquartered in Oulu.
Bittium is an engineering company in Wireless businesses. Bittium specializes in the development of secure communications and connectivity solutions.
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. The sale includes the Elektrobit brand and all automotive segment assets. Elektrobit's wireless business will be renamed Bittium Corporation. The acquisition was effective 1 July 2015.
On November 10, 2016, Bittium announced the acquisition of Mega Electronics Ltd and MegaKoto Ltd, Finnish companies based in Kuopio. Mega Electronics Ltd, founded in 1983, is an ISO13485 certified medical device manufacturing company. The company is specialized in biosignal measuring for cardiology, neurology, rehabilitation, occupational health and sports medicine. MegaKoto Ltd provides arrhythmia monitoring services for its customers such as primary care centers, private clinics and hospitals.
Bittium products and services
Bittium's products are: