Telefonica launches global competition to find most innovative startups

Telefonica, the multinational telecommunications provider, has launched the first TOF Global Race, a competition aimed at finding great startups that are struggling to succeed. The competition is part of the company’s Open Future innovation platform, which connects entrepreneurs, start-ups, investors and public and private partners from all around the world to invest in projects and […]

Israel telco giant Bezeq dives into smart city market

Israel’s Bezeq is the latest telecoms company to springboard into the smart city arena off their own internet infrastructure. Fortune says the country’s largest telecommunications company has earmarked millions of dollars for smart city investments. Among Bezeq’s earliest ventures is its pilot program in the city of Modi’in, in between Jerusalem and Tel Aviv. Hundreds of sensors […]

Sigfox invades America; coming to 100 U.S. cities by end of 2016

Sigfox, the French startup that uses a cellular network to connect all thousands of devices together, has announced major expansion plans for the United States. The company plans to work with “strategic site owners” to ensure the Internet of Things (IoT) deployment goes smooth. The partnership gives Sigfox access to 230,000 tower, rooftop, and billboard […]

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 […]