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IoT Networks

Unabiz Restructures for 2025 Profitability Post-Sigfox Buyout

Kurrant News Desk · ·1 min read
Mergers and AcquisitionsUnabizIoT Networks

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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