iBlue develops vehicle immobiliser

Retail

Hungarian-Swiss joint venture iBlue AG, has entered the market of smart devices with a €2 mln development of a vehicle immobiliser and gate opener that are controlled via smartphone using Bluetooth Smart technology, managing director Attila Hanak said yesterday.

iBlue expects to sell 20,000 units of the products this year and generate revenue of €3 mln, the managing director said. Due to the current and upcoming developments, the company expects to expand its staff of 20 by an additional 3-5 employees.

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