Munich Re has acquired relayr, a provider of industrial internet of things (IIoT) solutions, at a valuation of $300 million.
The Department of Homeland Security has awarded $192,380 to Factom to begin beta testing of a capability that uses blockchain technology to secure IoT data.
Internet of Things (IoT) spending will experience a compound annual growth rate (CAGR) of 13.6% over 2017-2022 and reach $1.2 trillion in 2022, according to a forecast by IDC.
Siemens is acquiring Enlighted, a provider of smart IoT (Internet of Things) systems in buildings, based in Sunnyvale, CA. Financial details of the deal was not disclosed.
Nokia has acquired SpaceTime Insight, a San Mateo, California-based Internet of Things (IoT) company with offices in the U.S., Canada, U.K., India and Japan.
Microsoft plans to invest $5 billion into various programs surrounding the Internet of Things (IoT) over the next four years, writes Blair Hanley Frank of VentureBeat. Here is the link: https://venturebeat.com/2018/04/04/microsoft-will-pour-5-billion-into-iot-over-4-years-tripling-prior-spending/
C3 IoT has inked a multi-year agreement with 3M. Under the terms of the agreement, 3M will use the C3 IoT Platform to develop and deploy AI-based applications – starting with predictive healthcare and supply chain analytics.
Google has announced that it has entered into an agreement to acquire Xively, a division of LogMeIn.
WaterBit, a company that provides remote irrigation planning and control solutions for agriculture, is using AT&T Internet of Things (IoT) services for automated irrigation.
Comtech has received $3.8 million of funded orders from a major Middle East service provider for a suite of Location Based Services (LBS) to be used to support multiple application deployments, including mobile devices and Internet of Things.
The U.S. Department of Defense (DoD) has named Carahsoft as a facilitating partner for an enterprise-wide blanket purchasing agreement through the U.S. military’s Enterprise Software Initiative (ESI) program.
Nozomi Networks has raised $15 million in Series B financing.
T-Mobile now has a plan for narrowband IoT (NB-IoT). The company says it has also certified new NB-IoT modules from u-blox and Sierra Wireless for use on its network.
The Wisconsin Economic Development Corporation has awarded a $900,000 grant to the University of Wisconsin-Milwaukee to support its Connected Systems Institute (CSI).
Baidu and Xiaomi have entered into a partnership to collaborate on artificial intelligence (AI) and Internet of Things (IoT) technologies.