smart technology provider Sigfox attracts buyers
Sigfox blew a big blow. The company can look to the future again despite its placement in receivership carried out on January 26 by the Commercial Court of Toulouse. With 250 employees in France, the smart technology supplier based in Haute-Garonne, in Labège, is looking for a buyer. Candidates had until February 25 to apply. Nine offers have been submitted.
Who are the nine candidates?
To come to the rescue of the former star of “French Tech”, manufacturers are showing up. This is the case of Heliot Europe, “the largest Sigfox 0G network operator in Europe”. In particular, he deployed the network in Switzerland, Slovenia and Austria.
Another candidate and operator of the Sigfox network abroad, this time in the Middle East, iWire. A file was also submitted by UnaBiz, Sigfox operator in Singapore and Taiwan. The investment company Capital Greybullbased in the UK, in turn brings a tough international application but is not operator for the business in business.
In addition, two files are addressed only to Sigfox SA. These are those of the Parisian start-up and competitor activity as well as the investment fund Buffet Investment Services Consortium.
Return to the pink city with the candidacy of the Toulouse group France. sentians, deployed in Labège just like Sigfox, is also joining the party. Without forgetting the ZEKAT group, recent buyer of the Toulouse start-up Ffly4u. Each file will be studied by the judicial administrators and Sigfox will discuss with its suitors before its final choice.
A shortened fairy tale
Before getting there, Sigfox was a “French Tech” star during the 2010s. renowned for its 0G network both minimally necessary and low consumption. A network deployed in many countries around the world. But although promising, the world of technology is not rosy. Sigfox’s debt amounts to 153 million euros, according to The world.
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