Divestiture • Communications

Heliot Europe Acquires Sigfox - German 0G network

On September 18, 2020, Heliot Europe acquired communications company Sigfox - German 0G network from Sigfox

Acquisition Context
  • This is Heliot Europe’s 1st transaction in the Communications sector.
  • This is Heliot Europe’s 1st transaction in Germany.

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M&A Deal Summary

Date September 18, 2020
Target Sigfox - German 0G network
Sector Communications
Buyer(s) Heliot Europe
Sellers(s) Sigfox
Deal Type Divestiture

Target Company

Sigfox - German 0G network

Germany
Sigfox's German 0G network is a provider of IoT (Internet of Things) services.
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Buyer Overview 1

Buyer

Heliot Europe

Grasbrunn, Germany

Category Company
Founded 2017
Sector Communications
DESCRIPTION

Heliot Europe is an independent Internet of Things (IoT) network operator in Europe. With the Sigfox 0G IoT enabling technology, Heliot provides a seamless, easy-to-use, low-cost and energy efficient LPWA nationwide networks without barrier or border for sensors and devices used for the Internet of Things and Mass IoT as well as providing innovative IoT business solutions. Heliot Europe was founded in 2017 and is based in Grasbrunn, Germany.


Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2020 1 of 1

Seller Profile 1

SELLER

Sigfox

Labege, France

Category Company
Founded 2010
Sector Communications
DESCRIPTION

Sigfox is a provider of connectivity for the Internet of Things (IoT). The company has built a network to connect billions of devices to the Internet while consuming as little energy as possible, as simply as possible. Sigfox was founded in 2010 and is based in Labege, France.


Deal Context for Seller #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2020 1 of 1

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