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IoT platform provider Ayla Networks raises $39 million

Ayla Networks has raised $39 million in a Series C financing round. The investment was led by Ants Capital, and co-led by 3NOD. Mitsui and Acorn Pacific also participated in the round, along with existing investors...

Cisco, IBM combining edge analytics with Watson capabilities for actionable insights

Cisco and IBM have inked a global collaboration to provide Internet of Things (IoT) insight at the edge of the network, combining IBM’s Watson IoT and business analytics technologies and Cisco’s edge analytics capabilities. The...

Worldwide spending on IoT forecast to reach nearly $1.4 trillion in 2021

Worldwide spending on the Internet of Things (IoT) is expected to grow 16.7% year over year in 2017, reaching just over $800 billion. By 2021, global IoT spending is expected to...

Gridsum, Tencent, Shandong Guohui to jointly develop industrial IoT platform

Gridsum has signed a strategic cooperation agreement with Tencent Cloud and Shandong Guohui Investment Co. to jointly develop an industrial internet of things cloud platform.

Siemens is acquiring Enlighted

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. 

Mitsubishi Electric introduces FA-IT open platform for factory automation

Mitsubishi Electric has launched a FA-IT open platform for factory automation based on edge computing. The platform facilitates connectivity between factory shop floors and value chains via Internet of things (IoT) systems,...

Nokia acquires SpaceTime Insight

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.

Spirit AeroSystems using GE Predix for factory modernization

Spirit AeroSystems is starting a factory modernization initiative, where it will implement Efficiency Analyzer on Predix. Predix is GE’s operating system for the Industrial Internet, designed for building applications that connect to industrial...

Helium Raises $20M

San Francisco-based Internet of Things (IoT) startup Helium has closed its Series B funding round of $20 million led by GV (formerly Google Ventures), with participation from Khosla Ventures, FirstMark and...

AT&T, IBM Ink Internet Of Things Deal

AT&T and IBM have inked a global alliance agreement to develop solutions that help support the 'Internet of Things.' The companies will combine their analytic platforms, cloud, and security technologies to...

Samsung says will spend $1.2 billion in US on ‘Internet of Things’ R&D and...

South Korean electronics giant Samsung says it plans to spend $1.2 billion over the next four years on U.S.-based Internet of Things (IoT) R&D and investments. The announcement was made by vice chairman and CEO of...

WaterBit using AT&T IoT services for autonomous irrigation

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.  

Trend Micro launches $100M venture fund

Cybersecurity company Trend Micro has launched a venture fund for emerging technology markets, with an initial investment of $100 million. The fund will be used to build a portfolio of startups in...

Nokia, Xiaomi sign business cooperation and patent agreements

Nokia and Xiaomi have signed a business collaboration and a multi-year patent agreement, including a cross license to each company's cellular standard essential patents. Xiaomi has also acquired patent assets from...

3M, C3 IoT ink multi-year agreement

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.