Samsung to buy Joyent; NXP sells biz unit; Cavium to acquire QLogic; high-speed bandwidth coverage expands.
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-service platform and Manta object storage technologies, and a partner for innovation in the emerging and fast-growing areas of mobile and IoT, including smart homes and connected cars,” Joyent CEO Scott Hammond said in a statement.
NXP Semiconductors agreed to sell its Standard Products business for about $2.75 billion to Beijing Jianguang Asset Management and Wise Road Capital, leading of a consortium of Chinese investors. Jianguang Asset Management, also known as JAC Capital, earlier agreed to acquire NXP’s RF Power business for $1.8 billion, as part of NXP’s plans to divest certain product lines as it acquired Freescale Semiconductor. The Standard Products sale is scheduled to close in the first quarter of 2017.
Meanwhile, Cavium will acquire QLogic for about $1.36 billion in cash and stock, including the cash on QLogic’s balance sheet. The proposed purchase will fill out Cavium’s product portfolio for the cloud, data centers, data storage, enterprises, networking, and telecommunications. The transaction is set to close in the third quarter.
Samsung teamed up with consulting firm Booz Allen Hamilton to launch a mobile security assessment service for the enterprise. The pair are targeting a variety of markets such as finance, health care, and retail.
Research and Markets brought out a new report, “Embedded Internet of Things (IoT) Ecosystem: Next Gen Embedded System Hardware, Software, Tools, and Operating Systems 2016 – 2021“, analyzing products to support the development of Internet of Things devices, changes in real-time operating systems to match IoT performance, and other aspects of embedded systems. ARM and Marvell are among the companies featured in the report.
Ireland now has full national coverage under the Sigfox network for the Internet of Things, according to Sigfox and VT Networks, an Irish telecommunications company. Ireland is the sixth European country to gain full Sigfox coverage, joining France, Luxembourg, the Netherlands, Portugal, and Spain.
Senet reports 100 U.S. cities now have access to its public, low-power, wide-area networks for long range-based (LoRa) Internet of Things applications. “Reaching this milestone of 100 cities covered, while promising to double that figure in the next year, really highlights not only Senet’s commitment to be a leading IoT service provider in the U.S.—it is also a testament to the LoRa Alliance’s approach to IoT,” said Daryl Schoolar, Ovum’s principal analyst for intelligent networks.