BROWSING: Sentiens
And then there were four (and then two) – bidders bail as UnaBiz, OTEIS await Sigfox fate
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...
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...