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


Market Research International Data Corp. (IDC) forecasts the worldwide Internet of Things market will double from $625.2 billion in 2015 to $1.29 trillion in 2020 for a compound annual growth rate of 15.6%. Aeris collaborated with IDC on its report, which predicts the installed base of IoT endpoints will increase from 12.1 billion at the end of 2015 to more than 30 billion by 2020. Initiati... » read more

The Week in Review: IoT


Finance Mountain View, Calif.-based FogHorn Systems has received Series B funding of $30 million, led by Intel Capital and Saudi Aramco Energy Ventures. The new round brings the Industrial Internet of Things edge computing startup’s total funding to $47.5 million. Honeywell Ventures is a new investor, joining existing investors Darling Ventures, Dell Technologies Capital, GE Ventures, March ... » read more

The Week In Review: IoT


Connectivity Sigfox this week held the first annual Sigfox World IoT Expo in Prague, Czech Republic, bringing together network operators, business partners, and industry professionals. The company announced a number of new services for its users, including the Admiral Ivory connectivity service, which promises to make any short-range wireless device into a long-range Internet of Things device,... » read more

The Week In Review: IoT


Finance Santa Monica, Calif.-based Sixgill reports raising $27.9 million in its Series B round of private financing, led by DRW Venture Capital. Mobile Financial Partners participated in the round. The startup last year raised $6 million in its Series A funding, also led by DRW. The company offers the Sixgill Sense sensor data services platform, addressing applications in the Internet of Thing... » read more

The Week In Review: IoT


Conferences Artificial intelligence, the Internet of Things, and 5G wireless communications were the talk of this week’s Mobile World Congress Americas event at the Moscone Center in San Francisco. Interesting topics, to be sure, yet they were eclipsed by a panel discussion on Wednesday afternoon about a matter of life or death. At a program put together by 151 Advisors, one of the panel ses... » read more

The Week In Review: IoT


Deals Deere & Co. has agreed to acquire Blue River Technology of Sunnyvale, Calif., for $305 million. The transaction is expected to close this month. Blue River develops computer vision and machine learning technology for use in precision agriculture. Monsanto Growth Ventures, Data Collective Venture Capital, Innovation Endeavors, Khosla Ventures, and Pontifax AgTech were among the investors... » read more

The Week In Review: IoT


Finance Dublin-based Cubic Telecom has taken in €40 million (about $47.6 million) in Series C funding, bringing its total funding to €75 million (around $89.25 million). Audi Electronics Venture and Qualcomm are existing investors participating in the new round of funding, joined by new investors Ireland Strategic Investment Fund and Valid Soluciones Tecnologicas SAU. Cubic will use the mo... » read more

The Week In Review: IoT


Deals Advanced Semiconductor Engineering was selected by zGlue as its strategic manufacturing partner. The ASE Group will make the zGlue Integrated Platform, which is said to enable customization for consumer and industrial IoT markets. The ZiP integrates hardware and software in a modular 3DIC-based platform. ASE will assemble zGlue-certified chiplets for connecting through zGlue Smart Fabric... » read more

The Week In Review: IoT


Connectivity Longing for LightSquared? The once-bankrupt company that tried to build a network with satellite airwaves and traditional spectrum has been reborn as Ligado Networks, which wants to serve 5G and Industrial Internet of Things applications with a mobile data network, employing satellite communications and other resources. Its founder is Philip Falcone, who was the guiding force behi... » read more

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