Tofane Global Acquires Simfony (added to iBASIS IoT portfolio)

February 16, 2022

Tofane Global has acquired Simfony, an IoT Platform-as-a-Service provider and MVNE, and the business will be integrated into iBASIS' global IoT portfolio. The deal adds Simfony's eSIM/eUICC-enabled connectivity management, MVNE stack and a Romania development centre to iBASIS' capabilities and strengthens its operations in the Netherlands.

Buyers
Tofane Global, iBASIS
Targets
Simfony
Location
Netherlands
Transaction Type
Buyout

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