IoT is Changing Industry Investment
Automation World’s David Greenfield penned an article about research
from the Industrial Internet Consortium that points to how IoT is
“turning the venture capital model upside down.” In part Greenfield
writes: Last year, the Industrial Internet Consortium’s Thought
Leadership Task Group commissioned a project with New England Partners
to find out “what was changing, how companies…
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IoT based on the mobile cloud growing fast.
Todd Hixton's Forbes article observes that a new wave of IoT companies have recently emerged, focusing on
applications. Nest, Revolv, and SmartThings are examples; they have now
been purchased by Google and Samsung. The market size is growing, but is
still not huge, e.g., the biggest of these companies,
Nest, was on track for $300 million of revenue when acquired in 2014...
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The big data gold rush: Will Wall Street be left behind?
Debra Walton in her article for Thompson Reuters asks, "Amid all the excitement about big data, are financial firms taking the
right approach to it?" It’s easy to be enthralled by the hype, but hard
to turn big data into an integral part of the corporate strategy. Like
gold miners, the challenge for Wall Street will be getting real nuggets,
not fool’s gold, silt, and pebbles...
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Cypress buying Broadcom
Cypress announced a $550 million acquisition of Broadcom. The Broadcom division employs about 430 workers and generated $189 million in sales over the past year, Cypress said. T.J. Rodgers, one of the most prominent leaders of the microchip industry, plans to step down as chief executive of Cypress
after nearly 34 years running the company he founded. Cypress shares rose 6% following the announcements.
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KORE merges with Wyless
On March 9, 2016 KORE Wireless Group, Inc. (“KORE”), the world’s largest managed wireless
network services provider specializing in Machine-to-Machine (M2M)
communications and the Internet of Things (IoT), today announced the
acquisition, in an all-cash transaction, of Wyless Group Holdings
(“Wyless”). Following the completion of this transaction, the combined
company will be supported by a staff of more than 350 team members,
maintain a customer base of more than 3,000 B2B companies globally and
serve in excess of six million subscribers on behalf of those customers.
The organization will instantly rise to become one of the six largest
providers of M2M/IoT services globally, inclusive of carriers...
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Cisco to buy Jasper to add to their end-to-end strategy
On February 3, 2016 Cisco (NASDAQ:CSCO) announced its intent to
acquire Jasper Technologies, Inc., a privately held company based in
Santa Clara that delivers a cloud-based IoT service platform to help
enterprises and service providers launch, manage and monetize IoT
services on a global scale. Under the terms of the agreement, Cisco will
pay $1.4 billion in cash and assumed equity awards, plus additional
retention based incentives...
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CalAmp to Acquire LoJack Corporation
On
Feb 1, 2016
(NASDAQ: CAMP), a leading provider of wireless products, services and solutions, and LoJack Corporation (NASDAQ: LOJN)
("LoJack"), a provider of vehicle theft recovery systems and advanced
fleet management solutions, today announced that the companies have
entered into a definitive agreement pursuant to which CalAmp will
acquire all of the outstanding shares of common stock of LoJack for
$6.45 per share in an all cash transaction valued at approximately $134
million...
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Accredent specializes in the Business of The Internet of Things(tm).
Formed in 2009 out a four year strategy and M&A engagement with
companies that pioneered many of today's Internet-of-Things
connected technologies, business cases and use cases.
Accredent has been successful partnering with business leaders of corporations and emerging ventures to develop and
transform their businesses, accelerate revenue, growth and enterprise
value through the Internet of Things. accredent.com
