MobiWire SAS is a spin-off of Sagem Wireless. MobiWire SAS was created in July 2011 with an equity investment from MobiWire Mobiles Ningbo Co LTD, formerly Sagetel Mobiles of Ningbo, China, after Sagem Wireless had gone into bankruptcy when it was majority owned by Sofinnova.
Since then, MobiWire SAS has shifted its focus to mid- to high-range smartphones and cash payment terminals, as an original design manufacturer for main European mobile network operators and retailers.
History
Sagem Mobiles was the original name for MobiWire. It was part of SAGEM, a major French company involved in defense electronics, consumer electronics, and communications systems.
In 2005, SAGEM and SNECMA merged to form SAFRAN.
In 2008, the SAGEM group spun off its communications and mobile telephone businesses (known simply as Sagem Mobiles) to focus on its core business.
The broadband business was called SAGEM Communication. The mobile phone business was called SAGEM Wireless.