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


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


Conferences The Internet of Things World conference is on tap next week at the Santa Clara Convention Center in Silicon Valley. There will be more than 250 exhibitors on the show floor, with 11,000 attendees expected. More than 400 speakers will make presentations over three days, May 16-17-18. ON Semiconductor will have a number of IoT-related products to demonstrate at its booth, including i... » read more