Singapore-based UnaBiz is the new owner of France-based ultra-narrowband IoT company Sigfox, the Commercial Court of Toulouse confirmed today. UnaBiz has acquired Sigfox SA, the primary technology company, and Sigfox France SAS, its network operator subsidiary in France. The deal, which takes Sigfox out...
The Commercial Court of Toulouse in France has delayed its decision on the sale of Sigfox until April 21. The decision, originally scheduled for today (April 14), gives Singapore-based UnaBiz, the long-time front-runner to buy ailing IoT firm, another week to appeal against the...
Singapore-based UnaBiz, the front-runner in the race to buy Sigfox, has had its bid for the ailing French IoT firm blocked by the French Ministry of Economy, as political hyper-sensitivity around economic nationalism, and even protectionism, mounts ahead of the French presidential elections on...
An update on the Sigfox takeover, taken from largely from a report in La Tribune Toulouse, the local business paper in Toulouse, France, where the seven candidates offering to rescue the ailing French IoT firm had their bids reviewed at the city's commercial court...
Sigfox USA has filed for Chapter 7 bankruptcy in a Delaware bankruptcy court, owing almost $150 million in unsecured debt. The filing, on March 31, is separate from its parent’s receivership and sale in France, which is set to conclude tomorrow (April 5). At...
Note, this article was updated with additional information on March 2.
Nine companies have entered bids for ailing IoT firm Sigfox, as the deadline for its sale passed last Friday (February 25). Bidders include Singapore-based IoT house and early front-runner UnaBiz, which had confirmed...
