The Week In Review: IoT

Deals SAP will invest more than $2.2 billion in the Internet of Things by 2020, including acquisitions, and it has formed a new line of business called SAP IoT. The software giant this week reported its purchase of an Italian startup, PLAT.ONE, which will be integrated into SAP IoT. “It is a big and growing market and we think we can be a significant part of it,” said Tanja Rucker, SAP’s... » read more

The Week In Review: Manufacturing

Fab tools Lam Research’s proposed move to acquire KLA-Tencor has been pushed out for the second time. The deal was supposed to be completed by mid-2016. Then, it was pushed out to the third quarter amid regulatory issues. Now, the companies hope to close the deal by the fourth quarter of 2016. “The KLA-Tencor acquisition is expected to close in the December quarter. This reflects another p... » read more