The Week In Review: IoT


M&A TDK has agreed to acquire InvenSense for $13 a share, representing a total of $1.3 billion in cash. The transaction must be approved by InvenSense shareholders and regulatory agencies; TDK expects to wrap up the deal in the second quarter of its fiscal year ending in March of 2018 (the third quarter of the calendar year). Apple accounted for 40% of InvenSense‚Äôs revenue for the fiscal... » read more

Siemens To Buy Mentor For $4.5B


By Ed Sperling & Jeff Dorsch Siemens announced today that it has reached a deal to buy Mentor Graphics for $4.5 billion in cash. The move, if approved by regulators, would greatly expand Siemens' capabilities in multi-physics design and embedded software for everything from semiconductors to automotive wiring harnesses. The transaction is expected to close in the second quarter of 2017. Sie... » read more