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February 15, 2018 11:33 pm GMT
Google announced today that it intends to buyXivelyfrom LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. Google indicated it wants to use this purchase as a springboard into the growing IoT market, which it believes will reach 20 billion connected things by 2020. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/C6LFiy2zi_c/
Google to acquire Xively IoT platform from LogMeIn for $50M
Google announced today that it intends to buyXivelyfrom LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. Google indicated it wants to use this purchase as a springboard into the growing IoT market, which it believes will reach 20 billion connected things by 2020. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/C6LFiy2zi_c/
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