At the SIDO Exhibition in April 2018, we announced Sagemcom's entry into our capital structure. Sagemcom is the European leader on the market of high value-added communicating terminals, and has a 20% stake in Otodo's capital.
SAGEMCOM, A PARTNER OF INTERNATIONAL SCOPE
Sagemcom is a French high-tech Group that is international in scope and operates in broadband markets (set-top boxes, residential gateways, multimedia terminals), smart city (end-to-end solutions for smart metering and smart grid) and the Internet of Things (founding member of the LoRa Alliance). Sagemcom has a turnover of over €1.8 billion, and employs 4,000 personnel on five continents. The company aims to remain a world leader in high value-added communicating terminals.