What this means
The IEEE assigned the MA-S block 70B3D59D7 to KM OptoElektronik GmbH. Every network interface they manufacture under this block has a MAC address beginning with these digits, followed by a unique per-device identifier. If a device on your network shows a MAC starting 70:B3:D5:9D:7, it is KM OptoElektronik GmbH hardware.