Hod Hasharon, Israel –NanoLock Security, a device-level cybersecurity provider for smart metres and IIoT devices, and Renesas Electronics Corp., a prominent global semiconductor manufacturer, announce a partnership to introduce a new platform that will further secure Renesas’ customers’ smart metres from cyber-attacks. The joint solution from the Israeli cybersecurity company and the Japanese microcontroller unit (MCU) maker will be available to all Renesas customers, including many of the world’s leading smart metre manufacturers. (more…)
September 22, 2022
Posted by: Janmesh Chintankar
The first vehicle made its debut appearance in 1886 and since then the world has developed a love-hate relationship with this form of transport. As of 2022, there are 1.446 billion vehicles globally with 19% of them in the US alone. Considering this immense figure, it is no surprise that it seems almost impossible to escape the pollution, noise and danger that they produce. But when it provides people with efficiency and ease, how do you persuade a change in habit for the greater good? (more…)
September 21, 2022
Posted by: Shriya Raban
Charlotte, United States – Honeywell announced that its board of directors has elected Robin Watson, 55, former chief executive officer (CEO) of John Wood Group PLC, to its board of directors as an independent director. (more…)
September 13, 2022
Posted by: Janmesh Chintankar
San Jose, United States – Arlo Technologies, Inc., a smart home security brand, announced that Gordon Mattingly, chief financial officer of Arlo, will resign from his role, effective September 21, 2022, and Kurt Binder, CalAmp Corporation’s current executive vice president and chief financial officer, will take over as Arlo’s chief financial officer following Mattingly’s departure, effective September 26, 2022. (more…)
September 2, 2022
Posted by: Janmesh Chintankar
Zurich, Switzerland – ABB announced it has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team. The business employs around 600 people and generated revenues of approximately [$63 million (€62.01 million)] in 2021. Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2023. (more…)
August 16, 2022
Posted by: Janmesh Chintankar
The internet is always abuzz with new technology trends, and anyone who follows them will be familiar with the terms “digital twin” or “digital twin of an organisation”. Although digital twins have been around for several decades, says Matthew Margetts, director of sales and marketing at Smarter Technologies, the rapid rise of Internet of Things (IoT) technology has made the concept more widely considered a tool of the future. (more…)
August 12, 2022
Posted by: Janmesh Chintankar
Smart factories are no longer science fiction, says I4MS – ICT Innovation for Manufacturing SMEs, The European Commission initiative to digitalise the manufacturing industry. It reports that 5G technologies, smart sensors, artificial intelligence, additive manufacturing, and automation are now available and ready to transform European manufacturing’s small to medium-sized enterprises (SMEs) into the most efficient, productive, and sustainable factories. (more…)
August 9, 2022
Posted by: Shriya Raban
02 August, 2022 – Camarillo, United States , & Vancouver, Canada – Semtech Corporation, a global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc., a Internet of Things (IoT) solutions provider, announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for [$31 per share (€30.43 per share)] in an all-cash transaction representing a total enterprise value of approximately [$1.2 billion (€1.18 billion)], subject to customary closing conditions. (more…)
August 3, 2022
Posted by: Janmesh Chintankar
Silicon Valley, CA, USA. 1 August 2022 – The eSync Alliance, a global network of co-operating suppliers established to build a high-confidence, multi-vendor path for end-to-end secure over-the-air (OTA) updates and data services, announces that Asvin, an expert in cybersecurity and software lifecycle management, has joined as a promoter member. Asvin is the first cybersecurity company in the eSync Alliance. (more…)
August 2, 2022
Posted by: Shriya Raban
Boston, United States. 27 July, 2022 – The Industry IoT Consortium (IIC) published the newest edition of the Journal of Innovation (JoI) entitled, Trustworthiness 2022. This volume of the JoI provides additional insights about trustworthiness, and the role of software bill of materials SBOMs, supply chain security, digital twins, and the new ISO/IEC 5055 standard can play in obtaining trustworthy IoT systems. We plan to use this information to create an IIC Trustworthiness practitioner’s guide that builds upon and extends the previously published IIC Trustworthiness framework foundations. (more…)
July 29, 2022
Posted by: Janmesh Chintankar