Internet of Things News

 
HP to buy Aruba Networks for $2.7B
HP announced today that it will acquire Aruba Networks, a fast-growing wireless networking firm based in California, for $2.7 billion in cash. Aruba’s brand and leadership will remain in place under the auspices of HP Enterprise Group....
 
NXP, Freescale merging to form $40B chip giant
Semiconductor manufacturers NXP and Freescale will merge, the companies announced today. The combined business will be one of the world’s largest chip suppliers and will be valued at $40 billion (For reference Intel currently sits at just over $160 billion dollar...
 
Immersive Data Analytics: Space-Time Insight Raises $8 million Investment Round
Space-Time Insight, which provides “visual analytics” for large data sets, yesterday announced an $8 million funding round. The investment was led by NEC Corporation and global energy supplier E.ON. ...
 
Cellular connectivity startup Konekt raises $1.3M
Chicago startup Konekt recently announced a $1.3 million funding round that included support from NextView Ventures, Mucker Capital, Tyler Willis’ AngelList Syndicate, and Groupon founders Chris Muhr and Raj Ruparell. Konekt provides a platform for...
 
British Gas buys home automation platform AlertMe for $100M
British Gas announced today that it has acquired AlertMe, a software platform for home automation with a focus on energy analytics, in a deal estimated at $100 million. AlertMe’s software is modular, with separate capabilities for...
 
Sigfox raises $115M to expand “things”-only cellular network
Sigfox, a French company building wide-area wireless networks to liberate the Internet of Things from traditional mobile carriers, today announced the largest VC funding round its country has seen to date: a $115 million Series D round. New investors in this...
 
Breed Reply IoT incubator invests in Cocoon, BrainControl, Greeniant
Breed Reply, the Internet of Things incubation arm of European digital consulting firm Reply Group, today announced that it has invested $3.7 million in three IoT startups. Though the incubator did not specify the breakdown, the investments represent stakes varying from 20 percent to...
 
ARM buys Offspark, adds security protocol to mbed IoT platform
Chip designer ARM announced today it has bought Offspark, a company specializing in security software for the Internet of Things. Back in November it was announced that ARM had acquired PolarSSL, Offspark’s version of the SSL encryption standard that many websites use...
 
Sight Machine raises $5M for factory analytics
Sight Machine, a “Big Data” platform for real-time manufacturing analytics, today announced $5 million in new venture capital. Taking their total funding to $11 million since their launch in 2011. Investors include Mercury Fund, Michigan eLab, Huron River Ventures, Orfin...
 
 
 
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