Intel (News - Alert) has been powering the IoT for years now, and the company isn’t showing any signs of slowing down.
In two announcements this week, the processor giant dropped a purchase of YOGITECH, a semiconductor safety and standards company, and, through its Wind River (News - Alert) subsidiary (itself yet another recent acquisition), Arynga, a developer of over-the-air (OTA) technology.
In a blog post announcing the YOGITECH purchase, Ken Caviasca, VP and GM, platform engineering and development, IoT Group, Intel, wrote that Advanced Driver Assistance Systems (ADAS) are critical to both transportation and factory operations, and the trend toward automation is making functional safety systems like ADAS critical for many other industries. In fact, he said that Intel estimates that 30 percent of the IoT market will require functional safety by 2020.
All of this is to outline why Intel is acquiring YOGITECH. “The talented YOGITECH team, based in Italy, will soon join Intel’s Internet of Things Group,” Caviasca wrote. “This acquisition furthers our efforts to win in ADAS, robotics and autonomous machines for market segments like automotive, industrial and other IoT systems that require functional safety and high performance.”
Meanwhile, Wind River’s gobbling up of Arynga is making waves even outside the company. Mahbubul Alam, CTO and CMO, Movimento, another OTA developer in the connected transportation space, said this is an affirmation of the importance of OTA technology to the developing IoT.
“Today Wind River, a subsidiary of Intel, acquired Arynga because of its over-the-air technology,” he said. “Movimento believes that OTA updates are the foundation pillar for the entire Industrial IoT, which, according to Cisco (News - Alert), is expected to provide a $19 trillion opportunity by 2022.”
More than not slowing down, it seems like acceleration might be the order of the day.