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  • October 9, 2026
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Advent International acquires Swiss positioning chipmaker U-blox, expanding European footprint

Advent International acquires Swiss positioning chipmaker U-blox, expanding European footprint

Advent International has acquired Swiss positioning chip company U-blox in a deal valued at CHF1.05 billion (approx. US$1.86 billion). On August 18, 2025, U-blox announced that ZI Zenith, a subsidiary of Advent, publicly offered to acquire shares of U-blox. SEO Master Fund LP, the largest shareholder holding about 9%, has committed to selling all its shares.

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