Australian administrators were given four days to line up potential suitors for IoT connectivity and services provider Thinxtra, which entered voluntary administration yesterday (7 December).
The local office of professional services company Grant Thornton is handling the proceedings, which involve seeking expressions of interest from potential buyers by noon on 11 December.
Thinxtra provides low-power, wide-area connectivity, IoT devices and data services. It was appointed the Australian operator of the Sigfox network in 2016 and today provides asset and fleet tracking, smart facilities management and utility monitoring.
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