Cloud Computing: Sony Builds IoT Muscle With Altair Buy
January 28, 2016
Grazed from CMSWire. Author: David Roe.
Sony is building up its Internet of Things (IoT) muscle with the $212 million acquisition of Altair, an Israel-based chip maker focused on Internet-enabled devices. It also provides software relating to the LTE (Long Term Evolution) 4G cellular mobile phones standard. According to a statement from Sony, it will capitalize on Altair’s technologies and image sensors to develop new cellular chipsets as well as access to network services that take advantage of cloud computing.
It expects LTE, which is already used in data communication in mobile phones, to be inserted into even smaller devices and used with networks that connect to cloud computing services. LTE is also used to connect objects in the Internet of Things, including home appliances and sensors…
Late last year Sony also announced the acquisition of Softkinetic Systems, which develops image sensor technology in Brussels, Belgium. In December, it acquired Toshiba’s CMOS image sensors business. Sony did not release financial details of either transaction…
Read more from the source @ www.cmswire.com/internet-of-things/sony-builds-iot-muscle-with-altair-buy/