LEUVEN, Belgium, June 7 /CNW/ - Option (Euronext: OPTI; OPNVY), the
wireless technology company, announced today the acquisition of a team of
engineers and laboratory facilities from BenQ Mobile GmbH & Co, the former
Siemens AG mobile devices business.
Located in Kamp-Lintfort near Dusseldorf, Germany - a renowned centre for
mobile telecommunications companies - the team of 50 highly qualified
engineers adds more than 750 man-years of wireless experience and expertise to
Option's global engineering capability.
Reporting to, and collaborating closely with Option's HQ engineering
group in Leuven, the multi-disciplinary Kamp-Lintfort team, will focus on the
development of embedded broadband cellular connectivity solutions for mobile
internet devices - a new category of devices that is emerging between the PDA
and laptop PC product categories that we know today. Existing engineering
resources at Option's Leuven HQ will concentrate on extending the company's
leadership in wireless data cards, USB devices, modules for laptops and
"With skilled engineers in short supply, this opportunity to acquire an
established, highly skilled engineering team and fully-equipped facility was
too good to miss." said Jan Callewaert, Option's CEO. "Our new team in Germany
is ready to make an immediate impact on our drive into mobile internet devices
and other new product lines for 2008."
Acquisition of state-of-the-art facilities in Kamp-Lintfort, including
fully equipped laboratories, an advanced Electro-Magnetic Compatibility test
chamber and office space, will require a one-off investment of EUR4 million.
Total impact on operating expenses for 2007, mainly related to R&D, will be
Option, the wireless technology company, is a leading innovator in the
design, development and manufacture of 3G WCDMA (HSPA and UMTS), EDGE, GPRS,
GSM and WLAN technology products for wireless connectivity solutions. Option
has built up an enviable reputation for creating exciting products that
enhance the performance and functionality of wireless communications.
Option's headquarters are in Leuven, Belgium. The company has Research &
Development in Leuven and Dusseldorf (Germany), a Software and Applications
development centre in Adelsried (Germany), a Wireless Router development
centre in Stockholm (Sweden) and an ISO 9002 production engineering and
logistics facility in Cork (Ireland). Option also has sales & support
operations in the US, Japan, Hong Kong and Taiwan. For more information please
For further information:
For further information: Jan Callewaert, CEO, Tel +32-(0)-16317411; Jan
Pote, Marketing & Communications Manager, Tel + 32-(0)-475925582, E-mail: