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Intel, BlueData partner on big data following $20m funding round

Intel and BlueData are collaborating on big data

Hadoop specialist BlueData announced a strategic collaboration with Intel this week after the chip company’s venture capital arm helped lead a $20m funding round for the startup.

Intel joins IoT M&A frenzy with $17bn Altera acquisition

Intel is buying Altera for $17bn to strengthen its position in IoT

Chip giant Intel has wasted little time in joining the recent flurry of semiconductor M&A activity by acquiring embedded chip company Altera for $16.7 billion, reports Telecoms.com.

Intel consolidates Internet of Things division

Intel is consolidating previous IoT efforts into one standalone division, formalising its emphasis on the importance of this market

Intel announced Thursday that it will set up a standalone division to work on innovations for the Internet of Things. The chip giant joins a growing chorus of businesses looking to capitalise on a market pegged to generate revenues of nearly $5tn this year, an astonishing figure but one that research firm IDC predicts.

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