05.10.2023 / Deals & Cases

Deal: Wenger Vieli advised the shareholders of 3db Access on its sale to Infineon Technologies

Wenger Vieli advised the shareholders of 3db Access, a Zurich-based specialist in secured low power Ultra-Wideband (UWB) technology, on its sale to Infineon Technologies. This acquisition enables Infineon to bolster its portfolio. A primary outcome of this transaction is Infineon's potential to dive into innovative IoT applications, notably in secured access, location tracking, and indoor navigation.

3db Access is a spinoff from ETH Zurich and offers secured, ultra-low power integrated UWB ranging and sensing solutions. Their technology is utilized in various applications, ranging from secured access to vehicles and buildings to proximity-based mobile payments and precise device localization.

Infineon Technologies plays a significant role towards decarbonization and digitalization through its products and solutions. As of the 2022 fiscal year, the company had around 56,200 employees globally and reported a revenue of approximately €14.2 billion. Infineon is listed on the Frankfurt Stock Exchange with the ticker symbol "IFX" and in the USA on the OTCQX International over-the-counter market under the ticker symbol "IFNNY".