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10 Internet Of Things Acquisitions So Far In 2016

The Internet of Things market is gaining traction, and vendors are quickly stepping their game to get in on the action. Following are 10 moves made so far this year.

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Everyone Wants In On The Internet Of Things

The Internet of Things is rapidly emerging as a lucrative market and vendors are quickly realizing the opportunities they can reap from this space -- including gateways, sensors, connectivity solutions, anddata collection and analysis services.

According to a study released by Strategy Analytics in April, there have been nearly two dozen major IoT-related mergers and acquisitions in the first four months of 2016. According to the report, the most desirable acquisition targets are companies whose core competencies revolve around analytics, security, connectivity platform capabilities and services.

In 2016 alone, tech giants like Intel, Microsoft and Cisco have splurged on acquisitions to boost their Internet of Things portfolios.

Following are 10 IoT-related acquisitions so far in 2016.

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