RYG general topics, page-906

Cisco grabs Jasper..
IOT sector deals moving very quickly..

Cisco announced today it was buying Jasper Technologies, developers of an Internet of Things cloud platform for $1.4 billion.
With Jasper, Cisco gets a company that understands the burgeoning Internet of Things market. While the IoT term gets bandied about quite a bit, it simply means connected machines talking to one another over the internet. This could be industrial automation equipment on a shop floor, a connected car, a connected wind turbine or even a smart thermostat.
“We are still in the very early stages of the IoT revolution, which I liken to the spread of electrification in the late nineteenth century. Just as the creation of the electric grid sparked a vast outpouring of innovation, so the ability to connect physical devices to the internet will trigger many decades of new applications, a few of which we can already see in the shape of drones and driverless cars,