Equipment giant Cisco has unveiled plans to develop a network of clouds that will be “architected” specifically for the Internet of Everything.
Calling the network of clouds Intercloud, Cisco (San Jose, CA, USA) says it will invest $1 billion in building the expanded cloud business over the next two years and that it expects partners to stump up additional investments for the scheme.
Platform integration across various industries is set to hasten the arrival of smart-home technology in the Asia Pacific, according to new research from Frost & Sullivan.
The market-research company says that a number of major appliance manufacturers are now investing heavily in R&D to reduce energy consumption, and that continuous innovations in high energy-consuming home appliances will propel the smart-home industry forwards.
M2M hardware players Telit and NimbeLink say they have formed a partnership to speed up the design of specialized systems for M2M applications.
Under the Skywire brand, NimbeLink (Plymouth, MN, USA) has launched a series of embedded modems that use Telit’s (London, UK) xE910 family of modules, allowing designers to incorporate cellular connectivity into their products.
The first Skywire module comes with an embedded 2G CDMA 1xRTT product that is described by the companies as the smallest embedded cellular modem on the market.
Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.
The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks a big bet by Facebook (Menlo Park, CA, USA) to anticipate the next shift in an evolving technology industry, at a time when consumers are increasingly abandoning their PCs for smartphones.
Google has teamed up with Ray-Ban maker Luxottica in a bid to turn its Internet-connected Glass spectacles into a widely-available, stylish consumer product.
In a statement late on Monday, Luxottica (Milan, Italy), the world's biggest eyewear maker, said it had agreed to design, develop and distribute Glass eyewear, which so far has only been available as an expensive prototype in the United States.
Satellite player SpeedCast says it has opened a new maritime facility in Singapore as part of its global expansion.
The new facility is to focus on the delivery of services and support for the maritime market and will augment the company’s extensive network in the region, said SpeedCast in a statement.
SpeedCast provides a variety of services to maritime customers, including a VSAT service branded SeaCast that will support broadband connections on ships and also facilitate the use of remote M2M sensing.
Mobile operator Orange Cameroon is set to launch what it describes as a “preventive medical service” in collaboration with the country’s Ministry for Health.
The operator – a subsidiary of France’s telecoms incumbent Orange (Paris) – says the My Healthline service has been developed by its Orange Healthcare division and will provide remote medical advice in real time.
It is due to be released in April, and the operator plans to expand it to other sub-Saharan markets in Africa in future.
Healthcare IT player IMS Health is expecting to price its initial public offering at between $18 and $21 a share, which would value the company at $6.97 billion, according to a report from Reuters.
The company, backed by TPG Capital Management (Fort Worth, TX, USA), is hoping to raise as much as $1.36 billion from the sale of 65 million shares.
According to Reuters, IMS (Parsippany-Troy Hills, NJ, USA), will sell some 52 million shares during the offering, with the remainder being put up for sale by shareholders.
Fitness bands and mobile health gadgets were rated as two of the three most popular types of wearable device in a recent survey conducted by Nielsen.
Some 61% of respondents chose fitness bands when asked about their wearable-device preferences, with 17% picking mobile health devices.
Meanwhile, 45% of respondents opted for smart watches.
Most fitness band owners (57%) said the ability to self-monitor was a major factor in their decision to purchase the technology, along with concern about their health.
Swedish telecoms incumbent TeliaSonera says it will support M2M connectivity in vans operated by mail-delivery company PostNord, with the aim of developing new fleet-management services based on the experience.
The pilot wills see TeliaSonera (Stockholm, Sweden) install its M2M technology in 20 mail-delivery vans in Stockholm, allowing PostNord (Stockholm, Sweden) to benefit from a range of fleet-management services.