Bittium specialises in the development of secure communications and connectivity solutions Bittium's three business segments are Medical, which focuses on measuring biosignals and remote monitoring, Defense & Security, which offers products and services to the defense and authorities' markets, and Engineering Services, which offers embedded wireless solutions for its customers.
In August 2012, the court approved a conditional settlement agreement between EB and TerreStar Corporation and some of its preferred shareholders in the reorganization proceedings of TerreStar Corporation, based on which EB received 13.5 million US dollars in cash on August 28, 2012, as final compensation for its claims.
[5] On November 10, 2016, Bittium announced the acquisition of Mega Electronics Ltd and MegaKoto Ltd, Finnish companies based in Kuopio.
The company is specialised in biosignal measuring for cardiology, neurology, rehabilitation, occupational health and sports medicine.
MegaKoto Ltd provides arrhythmia monitoring services for its customers such as primary care centers, private clinics and hospitals.