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Intel Acquires Company To Boost IoT Products

  • CIO, Thursday, April 7, 2016 11:01 AM

Intel has its eyes on making self-driving cars, robots and industrial equipment safer with a new acquisition. The chip maker has acquired Italian company Yogitech, which provides circuits and software tools for IoT devices to automate decision-making based on data patterns. Intel declined to comment how much it paid to buy the company. Intel will put Yogitech's technology to work in its IoT products, with an emphasis on safety for automated devices. The technology is designed to keep circuits functional and prevent device failure.

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