Connectivity to be trusted.
Bittium specializes in the development of reliable, secure communications and connectivity solutions leveraging its over 30 year legacy of expertise in advanced radio communication technologies. Bittium provides innovative products and services, customized solutions based on its product platforms and R&D services. Complementing its communications and connectivity solutions, Bittium offers proven information security solutions for mobile devices and portable computers. Bittium also provides healthcare technology products and services for biosignal measuring in the areas of cardiology, neurology, rehabilitation, occupational health and sports medicine. Net sales in 2019 were EUR 75.2 million and operating profit was EUR 6.3 million. Bittium is listed on Nasdaq Helsinki.
In the healthcare sector remote monitoring and home care markets are growing strongly. Patient monitoring in the hospital environment is also changing into wireless. These trends create demand for the digitalization of services, wireless capability and secure connections. For these markets Bittium has decided to establish a new product and service area around healthcare technology. As the first step to build the competencies in healthcare technology, on November 10, 2016 Bittium acquired Mega Electronics Ltd, a company specialized in measuring and monitoring biosignals.
By combining healthcare technologies with Bittium´s long-term experience and competence in wireless and security technologies Bittium offers good conditions to serve its customers in the healthcare sector by offering them new kinds of products and services. Bittium plans to strengthen its product and service offering for these markets also by searching for acquisition targets that complements the whole.
The development of wireless technology continues and the digitalization creates growing need for wireless connections. Bittium offers R&D services and wireless connectivity solutions for its customers, and the demand is expected to increase within the next few years. The competitiveness of the company in these markets is based on the strong technology and security competence, as well as on trust and reliability, and quality. The more critical the system is, the more significant role Bittium´s strengths have.
The demand for developing 4G-technology based network equipment is decreasing as the technology and market reach their maturity. However, Bittium is already strongly involved in the development of 5G technology which in a long run gives the company a good position to offer even more advanced connectivity solutions also for customers in other markets.
Contact Bittium at Contact Us - Bittium