08 Jan '15, 6am

IoT-related M&A spending exceeds US$14 billion in 2014, says research firm

IoT-related M&A spending exceeds US$14 billion in 2014, says research firm Press release; Jessie Shen, DIGITIMES [Thursday 8 January 2015] Acquirers stepped up their activity in the Internet of Things (IoT) marketplace in 2014, spending approximately US$14.3 billion to acquire 60 companies in 2014. That spending is almost eight times the total spent by acquirers prior to 2014 and represents a fortyfold increase over 2013, according to 451 Research. The number of deals increased more than twofold as companies such as Google, Samsung, Cisco, Intel, PTC, Qualcomm and many others staked out their ground in an effort to position IoT as a key contributor to corporate strategy. The sharp rise in deal-making activity in 2014 suggests that market forces surrounding IoT have become sufficiently compelling to demand action. "Acquirers don't want to cede anything to a growing list of ...

Full article: http://www.digitimes.com/news/a20150107PR201.html

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