PTC, a company selling software to manufacturers, has become a surprise buyer of industrial internet companies. Today it said it would buy Axeda in a deal valued at $170 million.
Getting devices online and sharing their data is the raison d’etre of a variety of new startups. Now Bug Labs is offering its own modular tool set for the internet of things.
Computer Sciences Corporation, the IT services company, is broadening its expertise into the internet of things thanks to a partnership with ThingWorx. While this is a great deal for the five-year-old IoT platform provider, its competitors Axeda or Arrayent might be bummed.
If you think bring your own device is throwing CIOs for a loop inside big companies, wait until everyone, including the business assets are packing a connected sensor.
The people applying the internet of things at big companies are often marketers not the engineers. So some products might be amazing, while others could be simply annoying.
Gadget recycling startup ecoATM is being acquired by Outerwall (the former Coinstar) for $350 million in cash, in a move that could significantly grow its network of recycling kiosks in the malls of the world.
Call it M2M, the Internet of Things, or a web that talks back, but once we start connecting devices and sensors we’re adding complexity to a system that’s already highly complex. Axeda wants to deliver a cloud with the intelligence capable of managing the connected world.
