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bittium oyj (BITTI) Details

Bittium Oyj develops communications and connectivity solutions worldwide. The company offers Bittium Tough Mobile, Bittium Secure Suite, Bittium Tough Mobile HybridX, Bittium Specialized Device Platform, Bittium SafeMove, Bittium Tactical Wireless IP Network, Bittium Tactical LTE Access Point, Bittium Tough Comnode, and The Bittium Tough SDR product family, as well as Bittium Tough VoIP, Bittium Tough VoIP Field Phone, Terminal, Service, and Softphone in the areas of defense and security. It also provides professional design and technology expertise services for wireless devices, network infrastructure, and Internet of Things solutions. In addition, the company provides medical technology in biosignal measuring for cardiology, neurology, rehabilitation, occupational health, and sports medicine comprising Faros, Cardiac rehabilitation system, NeurOne, BrainStatus, and Cardiac Explorer. The company was formerly known as Elektrobit Oyj and changed its name to Bittium Oyj in July 2015. Bittium Oyj was founded in 1985 and is headquartered in Oulu, Finland.

674 Employees
Last Reported Date: 03/20/19
Founded in 1985

bittium oyj (BITTI) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: €221.1K
Compensation as of Fiscal Year 2018.
bittium oyj
Bittium Launches New Ultra Secure Bittium Tough Mobile(TM) 2 Smartphone

Bittium launched the ultra secure Bittium Tough MobileTM 2 smartphone. The core of the information security of the new Bittium Tough Mobile 2 is its multilayered security structure, which is based on the hardened AndroidTM 9 Pie operating system, unique hardware solutions, and the information security features and software integrated in the source code. The multilayered information security ensures that both the data stored in the device and data transfer are protected as effectively as possible. The unique information security built within the smartphone includes several encryption-, authentication- and key management-related features, boot and runtime security checks, tamper-proof information security platform as well as a privacy mode. With the privacy switch it is possible to disable microphones, camera and Bluetooth, and the accuracy of sensors is reduced with the touch of a button. Bittium Tough Mobile 2 is compatible with the Bittium Secure SuiteTM software product, which enables remote management of the phones and encrypted data transfer, for example. Bittium Tough Mobile 2 is fully designed and manufactured in Finland and Bittium ensures supervised and secure manufacturing and supply of the smartphones to the customers. Also, the component and software solutions of the phone can be audited for use by authorities. Bittium Tough Mobile 2, together with the Bittium Secure Suite device management and encryption software product, can be certified for the secure use of different national government officials. As it is a smartphone that has been designed for use by authorities, it has a significantly longer availability and lifespan and better availability of security updates compared to conventional smartphones. In addition to the top-level information security features, Bittium Tough Mobile 2 is easy to use and suitable for both professional and personal use. The phone supports use of several isolated and secure workspaces. When using the workspaces, users can securely and easily handle confidential data of even multiple different organizations, as well as their personal data and social media applications, within the same Bittium Tough Mobile 2 smartphone.

Bittium Corporation Appoints Antti Näykki as Business Development Director, Effective as of April 29, 2019

Mr. Antti Näykki (42), B.Eng. embedded systems, has been appointed as Director, Business Development at Bittium Corporation as of April 29, 2019. Mr. Näykki transfers to Bittium from Jutel Oy, where he worked as the Managing Director of the company. He has long experience in sustainable development and managing of businesses. Before that, Mr. Näykki has been in several sales and management positions at e.g. Polystar T&M, Exfo and Nethawk. In his business development duties at Bittium, he will report to Mr. Hannu Huttunen, CEO of Bittium Corporation.

Elektrobit Provides HMI Development Platform for Volkswagen

Elektrobit announced it is providing the development platform for the digital instrument clusters and infotainment devices in Volkswagen's new generation of electric cars. The EB GUIDE toolchain enables developers at Volkswagen to easily and quickly design complex human machine interfaces (HMIs). With its graphical, voice-, touch-, and gesture-based controls, EB GUIDE allows the development of customized user interfaces for different brands from a single source. The software toolkit is among the most HMI software solutions in the industry. EB GUIDE helps to save time and increases the productivity of HMI development teams by consequently applying a model-based approach to the HMI development process including prototyping, specification, implementation and maintenance. Instead of developing software, HMI developers design the HMI with EB GUIDE's desktop tools and execute it with EB GUIDE's run-time components which are specifically engineered to run on automotive devices. HMI developers can focus on maximizing the user experience. EB GUIDE lets them instantly test their changes on the desktop PC and quickly deploy them to the target device. EB GUIDE is the only HMI development platform in the market that enables developers to implement intuitive graphical 2D or 3D user interfaces with voice, touch, and gesture control features. It is the result of more than 15 years of experience in HMI software development. EB GUIDE was originally developed for the automotive industry but is also used in other sectors such as mechanical engineering, automation, and medical industry.

 

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Price/Sales 3.5x
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Price/Cash Flow 25.3x
TEV/Sales 3.0x
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