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New Deal


Announced

Cube Infrastructure Managers to acquire a majority stake in Heliot from Sigfox.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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Tags

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Acquisition

Cross Border

Telecommunications Equipment

Pending

Disposal

0G networks

Private

Switzerland

Majority

Single Bidder

Friendly

Private Equity

Synopsis

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Cube Infrastructure Managers, an independent Luxembourgian management company, agreed to acquire a majority stake in Heliot, the owner and operator of the Sigfox 0G networks in Austria, Switzerland and Liechtenstein. Financial terms were not disclosed. "We challenge and invite industries to evaluate the data they want to collect, to improve their business. Our goal at Sigfox, with our operators and our ecosystem partners, is to minimize data extraction costs. Sharing infrastructure is a first step toward lower TCO, and higher reliability and interoperability," Ludovic Le Moan, Sigfox CEO.

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