Nationwide IoT network to link up South Korean smart cities

Smart city ambitions just leveled up thanks to a partnership between South Korean firms Samsung Electronics and SK Telecom that will build a nationwide Internet of Things (IoT) friendly network. As reported by TheVerge.com, the companies announced plans to construct a network across South Korea for connected devices and smart city technology. The coast-to-coast network […]

Acquisitions

IoT startups a hot commodity for acquisition-hungry IT giants

Huge technology companies are gobbling up startups focused on the Internet of Things (IoT) at a dizzying rate, charting more than $31 billion in IoT-related acquisitions and investments between 2011 and 2015. An article by ARN reports that data from Ovum’s IoT Investments Tracker showed tech firms spent $31 billion on 76 deals in eight sectors […]