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Unabiz Restructures for 2025 Profitability Post-Sigfox Buyout

Mergers and Acquisitions Unabiz IoT Networks

Published on November 23, 2023

Following its acquisition of Sigfox, Taiwan’s Unabiz is cutting costs and jobs in Toulouse and Taipei, aiming for profitability by 2025. Despite growing revenues and connections, the company is restructuring, including merging technologies at a cloud-level and forming new partnerships, to achieve financial stability and sustainability in the IoT sector.

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