Manufacture Modules Technologies Explained

Manufacture Modules Technologies (MMT)
Type:SARL
Key People:Philippe Fraboulet, CEO
Industry:Wireless, Life Sciences, Biotech, Horology
Foundation:2015
Location:Geneva

Manufacture Modules Technologies Sarl (MMT) is a Swiss company established in Geneva in 2015 which originally specialised in the development and commercialization of "Horological Smartwatch modules", firmware, apps and cloud. Located at Geneva's Skylab high-tech hub, it expanded into the development and manufacturing of "E-Straps" operated with a mobile application.[1]

Philippe Fraboulet is the CEO.[2]

History

In June 2015, Fullpower Technologies and Union Horlogère Suisse (Swiss Watchmakers Corporation) formed MMT as a joint venture, which then launched the MotionX Horological Smartwatch Open Platform for the Swiss watch industry.[3] The initial licensees were Frederique Constant, Alpina and Mondaine, brands owned by Union Horlogère Suisse.[4] Fullpower created and managed the circuit design, firmware, smartphone applications (including sleep activity), as well as the cloud Infrastructure. MMT managed the Swiss watch movement development and production as well as licensing and support.[5] [6]

In July 2016, Union Horlogere Holding and MMT were spun-out of the Frédérique Constant Group.[7]

Fullpower Technologies' 19.99% share was acquired by Union Horlogere Holding BV, giving it 100% of MMT's shares.[8]

Business

The company offers firmware, a cloud, manufacturing, service and over-the-air facilities for upgrades. The company also offers its own apps, which bear the label “Swiss Made software”.[9]

Notes and References

  1. News: Manufacture Modules et Technologies Sarl. February 27, 2015. Swissmade Software. Swissmade Software. February 27, 2015.
  2. Web site: Business News MMT Spins Off From Frederique Constant As Its Own Combination Smartwatch/Software Company. Stephen Pulvirent. September 8, 2016. Hodinkee.
  3. Web site: Introducing the smart strap . Financial Times. 2015-06-04 . 2019-12-24.
  4. News: The Swiss Have Finally Started Making Luxury Smartwatches . February 26, 2015 . Bloomberg . Stephen Pulvirent . February 27, 2015 .
  5. News: Swiss watches are getting smart without sacrificing style . February 26, 2015 . CNET . Sarah Mitroff . February 27, 2015 .
  6. News: Tag Heuer Signals Start Of Swiss Smartwatch Revolution . March 19, 2015 . Forbes . Paul Lamkin . March 20, 2015 .
  7. News: MMT Spins Off From Frederique Constant . September 7, 2016 . Hodinkee . Stephen Pulvirent . September 7, 2016 .
  8. News: Extract MMT. September 8, 2016. Chamber of Commerce. September 7, 2016.
  9. Web site: MMT Swiss Connect Anything Apple can do…. September 8, 2016. WorldTempus. September 8, 2016.