Municipalities and private sector companies are spearheading the replacement of legacy metering infrastructure with smart metering for electricity and water utilities.
France-based Sigfox has secured a buyer for its operations in the form of fellow IoT communications service provider Unabiz for an undisclosed fee, as the bankrupt company looked to protect its assets.
The self-described global 0G network and cloud provider for industrial data, Sigfox, has filed for bankruptcy protection and is seeking a buyer. This is despite having raised over $300 million in venture funding and seemingly being well on the way to building a global IoT communications network.