Hexagon launches Hexagon Wireless
9/7/2000 8:01 AM EST
HEXAGON launches HEXAGON WIRELESS.
The Initial business area structure will consist of HEXAGONs present
subsidiaries Moteco AB, a leading manufacturer of antennas for mobile phones,
and GigaAnt AB, the newly established company developing antennas for Blue
tooth applications. Establishing this new business area is a consequence of
the new strategy that HEXAGON communicated at the annual general meeting in
May. HEXAGONs ambition is to grow rapidly in fewer, larger and more
international businesses.
The Business areas focus will be the rapidly growing market for wireless
communication.
The Business areas President Mr Morten Smedstad comments: "The Challenge will
be to find the right position in the value chain supplying the major OEMs in
the wireless business as well as broaden our business scope into new
applications".
For further information please contact:
Morten Smedstad, C.E.O. HEXAGON WIRELESS, Phone: +46(0) 70- 582 82 40
Ola Rollén, C.E.O., HEXAGON AB, Phone: +46(0) 70 - 511 61 73
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