BROWSING: Greybull Capital
UnaBiz appointed as new owner of Sigfox SA and Sigfox France SASÂ
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...
Bankruptcy and $150m of debt – Sigfox’s American dream dies (as French sale closes)
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...
Sigfox latest: nine bidders, no Semtech (but Actility), no consortia bids (but UnaBiz)
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...