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France’s Tofane Global buys into IoT space with PaaS acquisition

Tofane’s founder Alexandre Pébereau speaks to The Tech Capital on the drivers of the acquisition, what employees waking up to the news can expect, and the future of the business.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

February 16, 2022 | 11:54 AM GMT

France’s Tofane Global buys into IoT space with PaaS acquisition

Alexandre Pébereau, CEO, iBASIS, and Founder, TOFANE. Source: Tofane

The Tech Capital

Paris-based Tofane Global has acquired Internet of Things (IoT) Platform-as-a-Service (PaaS) provider and Mobile Virtual Network Enabler (MVNE) Simfony as the investor vehicle bets on M&A to expand its services.

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João Marques Lima

Founder and Editor, The Tech Capital

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