Week in Review: IoT, Security, Auto


Deals SoftBank Corp. reached an agreement with Indonesia’s Link Net to work together on Internet of Things technology. Hidebumi Kitahara of SoftBank said in a statement, “The global mobile industry is now entering the 5G era, with IoT becoming the central focal point of innovation. This partnership with Link Net shows our strong commitment to further boost technology innovation in the glob... » read more

Week in Review: IoT, Auto, Security


Executive Changes Rambus' board of directors named Luc Seraphin, senior vice president and general manager of the company's Memory and Interfaces Division, as interim CEO while it searches for a replacement for Ron Black. The board terminated Black this week, saying the reason for termination did not involve Rambus' financial and business performance. The company also named Mike Noonen as se... » read more

The Week in Review: IoT


Finance Marvell Technology Group priced $500 million in senior notes due in 2023 and $500 million in senior notes due in 2028. The chip company will use net proceeds from the debt offering, cash on hand, and borrowings under a new term loan facility to fund the cash consideration and other amounts payable for Marvell’s proposed $6 billion acquisition of Cavium. The companies have expected to... » read more

The Week in Review: IoT


Tools/Chips Synopsys rolled out a new release of its automotive exterior lighting design and analysis software. The tool calculations and generates images for multiple viewing directions and different lighting conditions. Lighting on vehicles has become far more complex than just shining a beam on the road. The latest technology can adapt to road conditions, other cars, and help illuminate the... » read more

The Week in Review: IoT


Finance CyberInt raised $18 million in new funding led by Viola Growth and including existing investors. The company provides cybersecurity detection and response services. CyberInt has offices in Israel, the U.S., the United Kingdom, Singapore, and Panama. San Diego-based Kneron, which provides artificial intelligence technology for edge devices, received $18 million in Series A1 funding l... » read more

The Week in Review: IoT


Finance SenseTime of Beijing, China, received $620 million in Series C+ funding, valuing the company at more than $4.5 billion. Alibaba Group led the new funding, as it did with last month’s Series C round of $600 million. Qualcomm, an existing investor, participated in the latest round, along with new investors Fidelity International, Hopu Capital, Silver Lake Partners, and Tiger Global. Se... » read more

The Week in Review: IoT


Finance Orbbec of Shenzhen, China, a developer of motion sensing technology, raised more than $200 million in Series D funding led by Ant Financial. Also participating in the new round were SAIF Financial, Green Pine Capital Partners, R-Z Capital, and Tianlangxing Capital Partners. Established in 2013, Orbbec develops 3D sensors for applications in facial recognition, gesture recognition, robo... » read more

The Week in Review: IoT


Conferences Keynote highlights from the Internet of Things World 2018 conference: “Safety is the most important thing,” said Russ Benson, vice president of IT product systems at Boeing; “It’s all about data,” said Juan Perez, chief information officer and chief engineering officer of UPS; “Semiconductors accelerate IoT growth,” said Tony Keirouz, vice president of IoT strategy, e... » read more

The Week in Review: IoT


Cybersecurity Arm this week introduced the Cortex-M35P processor with anti-tampering technology and software isolation. The company also debuted security intellectual property to protect Internet of Things devices from physical cyberattacks and close proximity side-channel attacks. Paul Williamson, Arm’s vice president and general manager of the IoT Device IP line of business, provides more ... » read more

The Week in Review: IoT


Cybersecurity Cybersecurity concerns continued to generate news this week. Symantec reported a corporate espionage hacking campaign against manufacturers of medical supplies, dubbing the efforts “Orangeworm.” The hackers have attacked 24 or more targets this year, and almost 100 since 2015, according to the security software and services firm. Meanwhile, the House Energy and Commerce Co... » read more

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