Google announced today that it intends to buy Xively from LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. In a blog post announcing the acquisition, 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
Fundings & Exits – TechCrunch
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