Bittium Donates 50,000 Euros to the University of Oulu's Technical Research
Press Release
Free for release on November 12,2021 at 2.00 pm (CET +1)
Bittium Donates 50,000 Euros to the University of Oulu's Technical Research
Bittium Corporation has decided to participate in the University of Oulu's ongoing fundraising campaign with a donation of EUR 50,000. Bittium and the University of Oulu have been working closely together since the company's foundation. Today's cooperation is related to 5G and 6G radio technologies and the development of future wireless services. Bittium's operations and product development in areas such as information security and medical technology are also central to the research at the University of Oulu.
“The University of Oulu is an important partner for Bittium in terms of securing the competence and know-how we need and the vitality of the northern region. A strong research ecosystem is an important part of developing our long-term technological competence,” says Mr. Hannu Huttunen, CEO of Bittium.
The Principal of the University of Oulu, Mr. Jouko Niinimäki, thanks for the donation and the long-term and open cooperation between the University of Oulu and Bittium. "Bittium Corporation is an excellent example of a successful global company with history and roots in Oulu's expertise and a strong connection to the operations of the University of Oulu."
Further information:
Hannu Huttunen
CEO
Tel. +358 344 3507
Distribution:
Main media
Bittium
Bittium specializes in the development of reliable, secure communications and connectivity solutions, leveraging its 35 years’ 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. In the field of healthcare technology, Bittium offers solutions for the measurement and monitoring of biosignals in the areas of cardiology, neurophysiology, rehabilitation, occupational health and sports medicine. Net sales in 2020 were EUR 78.4 million and operating profit was EUR 2.1 million. Bittium is listed on Nasdaq Helsinki. www.bittium.com