Stéphane Fund’s Trasna is going public in a £150m reverse takeover deal
Trasna, an Irish-headquartered tech company founded by Frenchman Stéphane Fund, is being acquired in a £150 million (€171.24 million) reverse takeover deal that will take the company public. Trasna is a provider of hardware and software solutions for cellular and internet-of-things connectivity. Anemoi, a London-listed, British Virgin Islands-registered firm, is acquiring 100 per cent of Trasna Solutions Technologies Limited in the reverse takeover deal. Fund started Trasna in 2018 and it is headquartered in Dublin with a presence in France, Germany, Italy, India, and the UAE, employing about 600 people. Fund sold his IoT start-up Simulity Labs to British chipmaker…
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