Ependion acquires a minority stake in Blu Wireless
Ependion's business entity Westermo has today signed an agreement to acquire a minority stake in UK headquartered Blu Wireless Technology Ltd. The investment amounts to 3.4 million pounds. At the same time, Westermo has entered into a strategic partnership agreement to use Blu Wireless’ patented mmWave wireless technology in the rail market.“Westermo is the global market leader in communication on board trains. With this strategic investment and partnership, we are strengthening our position in the connected trains market by gaining access to ground-breaking new technology for train-to-