The Internet of Things (IoT) has got many companies wanting a piece of the action. It is now the turn of Chinese technology major Huawei. The company announced it had bought Cambridge, United Kingdom(UK)-based IoT business Neul for US $25 million.
Huawei, which currently has offices in Ipswich and an R&D lab in Bristol, made the acquisition as part of a £1.3billion investment in the UK.
Neul was first established in 2010. In February 2013 it unveiled Iceni, the first ever transceiver chip capable of tuning across the entire UHF tv white space spectrum (470 to 790MHz). In January 2014, the company developed a two-way, wide area networking solution for the IoT called NeulNET.
Image Credit: Neul
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