22-04-2022 13:40 via telecoms.com

IoT firm Sigfox acquired by UnaBiz

Troubled French IoT startup Sigfox has been saved from receivership by Singapore based UnaBiz.
From an array nine potential bidders, IoT firm UnaBiz has been selected as the new owner Sigfox, which came onto the scene with a proprietary narrowband tech designed specifically for IoT, during insolvency proceedings at the Commercial Court of Toulouse.
UnaBiz says it will safeguard 110 existing employees of a total of 174 – so that’s 64 heads on the chopping block – and make &lsquo
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