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IoT Opportunity Drives IP Grab
Jim McGregor, Forbes
Jul 3, 2015
While mergers and acquisitions are always justified for financial reasons, they are often initiated for strategic reasons. The recent wave of acquisitions in the semiconductor industry like Intel-Altera, Avago-Broadcom, and NXP-Freescale is driven by the rush to build competitive intellectual property (IP) portfolios to address the plethora of Internet of Things (IoT) applications that is predicted to drive anywhere from 50 billion to over a trillion connected devices by 2020 depending on which optimistic forecast you choose to believe.
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