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The 10 Biggest IoT News Stories Of 2019

GE Digital does a 180 on its spin-off plans, two semiconductor companies merge to build a major IoT business, and IoT software providers invest in their consulting and system integration capabilities. These are the biggest IoT news stories from this year.

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7. Infineon Targets IoT With $10B Cypress Acquisition

Infineon Technologies has signaled its plans to build a big business in IoT with its blockbuster acquisition of Cypress Semiconductor. The German semiconductor company announced its acquisition of Cypress in early June, saying the deal would be worth $23.85 per share in cash, or about $10.1 billion. The acquisition will accelerate its entry into new IoT applications for both industrial and consumer segments with "the most comprehensive portfolio for linking the real with the digital world," according to Infineon Technologies CEO Reinhard Ploss.

 
 
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