The Week in Review: IoT


Acquisitions ASSA ABLOY has agreed to acquire August Home, a startup providing home security products; the purchase price wasn’t revealed. August Home, which raised $75 million in private funding, should fit well with the Scandinavian conglomerate’s Yale lock business. The transaction is subject to regulatory approval and customary closing conditions; it is expected to close by the end of ... » read more

The Week in Review: IoT


Deals Samsung said Tuesday that it will invest about $1.2 billion in Internet of Things startups in the U.S. over the next four years. Investments will be made through the Samsung Global Innovation Center in Silicon Valley and through other Samsung units. Samsung is partnering with Intel to establish the National IoT Strategy Initiative, which will take in academic and industry members and wil... » read more

The Week In Review: IoT


M&A Samsung Electronics will buy Joyent, a provider of public and private cloud services. The Korean company said the purchase will give Samsung a cloud platform for the Internet of Things, mobile devices, and cloud-based software and services. “Samsung brings us the scale we need to grow our cloud and software business, an anchor tenant for our industry leading Triton container-as-a-ser... » read more