Philip Vermeulen

Option NV engages in the provision of wireless connectivity and security technology services. It operates through the following segments: Devices & Solutions, IOT Solutions, Embedded & Solutions, Engineering Services, and Other. The Devices & Solutions segment produces USB devices, routers as well as the end to end service offerings. The IOT Solutions segment generates revenues by Option's newest device, called CloudGate. The Embedded & Solutions segment produces embedded devices or module offerings, and includes associated integration and certification services. The Engineering Services segment relates to revenues generated to license deals, closed with third parties. The Other segment covers revenues from the connection manager software business, mobile security solutions, and other non-product and non-license related income. The company was founded by Jan Callewaert on July 3, 1986 and is headquartered in Leuven, Belgium.