Press Releases

Renesas acquires Israel-based Celeno for US$315mn to expand its connectivity portfolio

Tokyo, Japan, October 28, 2021 ― Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced it has entered into a definitive agreement with Celeno Communications, a provider of smart Wi-Fi solutions, for Renesas to acquire Celeno in an all-cash transaction. The deal values Celeno at approximately US$315 million (€269.87 million or approximately 35.9 billion yen at an exchange rate of 114 yen to the dollar), assuming certain milestone payments are made as detailed in the agreement.
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October 28, 2021

Posted by: Anasia D'mello

IOTech and Building System Integrators collaborate to increase efficiencies in HVAC, BAS and EMS systems

Edinburgh, UK. 27 October, 2021 – IOTech, the edge software company, is collaborating with Building System Integrators, which specialises in the design, development and commissioning of building automation solutions, to increase the control and management capabilities for systems including HVAC, BAS and EMS. (more…)

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Posted by: Anasia D'mello

Smart hospital market value to reach $59bn globally by 2026

Hampshire, UK. 26th October 2021 –  A new study by Juniper Research has found that the smart hospitals market will be worth $59 billion (€50.78 billion) by 2026, up from $29 billion (€24.96 billion) in 2021; representing an average annual growth of 15%. The concept of the smart hospital includes healthcare providers leveraging advanced analytics, connected devices, and healthcare platforms to improve care, productivity, and operational efficiency. (more…)

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October 26, 2021

Posted by: Anasia D'mello

Proliferation of remote health monitoring fueled by post-COVID era, finds Strategy Analytics

The recent proliferation of digital health and wellness functions within the consumer wearables market has led to more attention being paid to remote healthcare monitoring solutions either through a self-managed approach or via a full-service program from a healthcare practitioner. (more…)

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October 22, 2021

Posted by: Anasia D'mello

Siemens acquisition of Wattsense exploits new IoT and SaaS synergies

The announcement earlier this month that one of the oldest tech firms on the planet has acquired one of the newest is a signal of exciting times in both the IoT and SaaS markets. (more…)

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Posted by: Jocelyn Brown

Sustainable AI computing for IoT

AI and Computing can, if not properly planned, be extremely heavy and wasteful of CPU resources. To put it in perspective, the computing power required for AI landmarks, such as recognising images or defeating humans at Go, increased 300,000-fold from 2012 to 2018. (more…)

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October 21, 2021

Posted by: Mattias Bergstrom

STMicroelectronics and Sierra Wireless collaborate to simplify and accelerate connected IoT solutions deployment

STMicroelectronics, a global semiconductor provider serving customers across the spectrum of electronics applications, and Sierra Wireless, an IoT services provider, have announced an agreement that will enable the STM32 microcontroller (MCU) user community to leverage flexible cellular IoT connectivity and edge-to-cloud solutions from Sierra Wireless. (more…)

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October 20, 2021

Posted by: Anasia D'mello

Smart TV voice assistant transactions to approach $500mn in 2023

A new study from Juniper Research has found that spend through voice assistant-enabled smart TVs will reach nearly $500 million (€432.02 million) in 2023; a sharp increase from the $126 million (€108.87 million) expected in 2021. This growth reflects how voice assistants are becoming context‑dependent sales portals, as well as information and control systems, and smart TVs will bring an important visual element to voice assistant purchases. (more…)

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October 11, 2021

Posted by: Anasia D'mello

Infineon module and chip technology power 352 kW PV solution from Sungrow

With the launch of the latest 1500 V PV string inverter SG350HX, Sungrow offers a new market solution that features a maximum output power of 352 kW. Thus, compared to Sungrow’s last generation inverter, the new inverter offers a significant increase in output power of about 40%. (more…)

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October 8, 2021

Posted by: Anasia D'mello

onsemi 8.3 MP image sensor claims best-in-class dynamic range in challenging lighting conditions

onsemi, a provider of intelligent power and sensing technologies, has announced the availability of a new 1/1.7 inch 8.3 MP CMOS digital image sensor with rolling shutter and embedded High Dynamic Range (eHDR) technology. (more…)

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October 6, 2021

Posted by: Anasia D'mello