tag: Goldman Sachs

March’19 Startup Funding: Money Springs Forth
By Jeff Dorsch - 04 Apr, 2019 - Comments: 0

Another month, another couple of billion-dollar rounds. Singapore-based Grab raised nearly $1.5 billion from the SoftBank Vision Fund, bringing its total private funding to more than $4.5 billion and valuing the company at around $14 billion. Grab has acquired Uber’s ride-hailing business in Southeast Asia and now competes chiefly with Go-Jek of Indonesia in Thailand and other emerging mar... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 15 Mar, 2019 - Comments: 0

Internet of Things Apple purchased a portfolio of eight granted and pending patents that belonged to Lighthouse AI, a smart home security camera startup that ceased operations near the end of 2018. The portfolio was acquired at about the same time, according to the U.S. Patent & Trademark Office; financial terms weren’t revealed. Also not disclosed, as usual, is what Apple will do with t... » read more

January ’19 Startup Funding: $100M+ Rounds Abound
By Jeff Dorsch - 30 Jan, 2019 - Comments: 0

Sixteen companies received private funding rounds of $100 million or more during the month of January, with two privately held companies, Infor and Verily Life Sciences, taking in rounds of $1.5 billion and $1 billion, respectively. The market segments represented in the January rounds were varied. Multiple companies using artificial intelligence technology in their offerings and cloud-based... » read more

Week In Review: Manufacturing, Test
By Mark LaPedus - 21 Dec, 2018 - Comments: 0

Chipmakers Foxconn is in talks to build a fab in Zhuhai, China, according to a report from Nikkei. The fab, to cost $9 billion, would make chips for Foxconn and outside companies, the report said, which says the company will enter the foundry business. The European Commission has approved funding for 1.75 billion euros ($2 billion) of public investment for projects in the microelectronics... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 14 Dec, 2018 - Comments: 0

Internet of Things Arm made five 2019 predictions for the Internet of Things. They are: The intelligent home goes mainstream; personalized delivery options; improved health-care service; smart cities seek to improve revenue streams and citizen engagement; and smart buildings use more technology for efficiencies. The company also commissioned a worldwide survey of 2,000 consumers, conducted by ... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 30 Nov, 2018 - Comments: 0

Internet of Things Lowe’s, the home improvement retailer, is giving up on the smart home market. The company is putting its Iris Smart Home business up for sale as part of a reorganization. The retailer made a big splash at CES 2015 with its Innovation Lab offerings, which included retail service robots and the Holoroom “home improvement simulator.” The Iris product line includes multipl... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 26 Oct, 2018 - Comments: 0

Internet of Things Arm aims to accelerate Linux-based embedded design through providing quick access to the Cortex-A5 CPU under the Arm DesignStart program. Developers can work on embedded and Internet of Things system-on-a-chip devices for gateways, medical systems, smart homes, and wearable electronics. IP access to the Cortex-A5 is now $75,000, with one-year of design support from Arm exper... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 12 Oct, 2018 - Comments: 0

Deals Dialog Semiconductor made a blockbuster deal with Apple – the chip company will license power management technologies and transfer some assets to Apple, which will use them in their internal chip research and development. More than 300 Dialog employees, mostly engineers, will join Apple, which will pay $300 million in cash for the transaction and prepay another $300 million for Dialog ... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 28 Sep, 2018 - Comments: 0

Internet of Things IBM this week launched the Watson Decision Platform for Agriculture, which combines artificial intelligence, Internet of Things technology, and cloud-based offerings, providing insights to farmers through a managed service. Among other features, growers can deploy drones to send photos to the IBM Cloud for AI-based trend analysis and detection of crop diseases. The platform ... » read more

Week in Review: IoT, Security, Auto
By Jeff Dorsch - 31 Aug, 2018 - Comments: 1

Internet of Things Electrolux, Haier, LG Electronics, and Samsung Electronics announced they are working with the Open Connectivity Foundation, an Internet of Things standards body, to build, commercialize, and deploy interoperable OCF-Certified connected products during 2019. In addition, the OCF is launching an enhanced security model and secure cloud management capabilities, making use of p... » read more

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