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Austin’s Silicon Labs sells business unit for $2.75 billion, shifts focus to Internet of Things

Austin-based Silicon Labs has sold its infrastructure and automotive business for $2.75 billion to California-based semiconductor maker Skyworks Solutions. Plans for the all-cash deal was initially announced in April.

Silicon Labs primarily designs semiconductors and other silicon devices. CEO Tyson Tuttle said the deal will allow the company to focus on its growing Internet of Things business. Internet of Things, or IoT as it is known in industry shorthand, refers to a range of non-computing devices —from kitchen devices to security systems — that connect to the Internet.

Silcon Labs’ IoT business already serves tens of thousands of customers and works in thousands of applications, but the deal narrows Silicon Labs focus exclusively to that technology.

Unemployment Crisis — 40% Of Americans Are About To QUIT Their Jobs

Big shift in the making.


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Wiliot raises $200M as it preps a SaaS pivot, licensing its ultralight, ambient-power chip technology to third parties

Wiliot — the IoT startup that has developed a new kind of processor that is ultra thin and light and runs on ambient power but possesses all the power of a “computer” — has picked up a huge round of growth funding on the back of strong interest in its technology, and a strategy aimed squarely at scale.

The company has raised $200 million, a Series C that it will use toward its next steps as a business. In the coming months, it will make a move into a SaaS model — which Wiliot likes to say refers not to “software as a service,” but “sensing as a service,” using its AI to read and translate different signals on the object attached to the chip — to run and sell its software. This will be combined with a shift to a licensing model for its chip hardware, so that they can be produced by multiple third parties. Wiliot says that it already has several agreements in place for the chip licensing part. The plan is for this, in turn, to lead to a new range of sizes and form factors for the chips down the line.

Softbank’s Vision Fund 2 led the financing, with previous backers — it’s a pretty illustrious list that speaks of the opportunities ahead — including 83North, Amazon Web Services, Inc. (AWS), Avery Dennison, Grove Ventures, M Ventures, the corporate VC of Merck KGaA, Maersk Growth, Norwest Venture Partners, NTT DOCOMO Ventures, Qualcomm Ventures LLC, Samsung Venture Investment Corp., Vintage Investment Partners and Verizon Ventures.

Health tech goes for the silver lining in China’s ‘silver economy’

Now businesses, start-ups and their backers are eyeing an even bigger bonanza in the form of the next generation of seniors. The market opportunities will shift to the development of products and services through a greater adoption of emerging technology to provide preventive health care, and help people to live in their homes for longer, plus increase independence and well being.


Opportunities in China’s elderly health care will shift to the development of tech-based products and services to help people live longer in their homes and increase their independence and well being.

Google parent launches new ‘moonshot’ for robotics software

Google’s parent Alphabet unveiled a new “moonshot” project to develop software for robotics which could be used in a wide range of industries.

The new unit, dubbed Intrinsic, will “become an independent Alphabet company,” and seek industrial partners to advance their work helping to make everything from to cars, the new unit’s chief, Wendy Tan-White, said in a blog post.

“Intrinsic is working to unlock the creative and economic potential of industrial robotics for millions more businesses, entrepreneurs, and developers,” she said.

Dubai makes its own RAIN to tackle 122F heat: Drones blast clouds with electrical charge to produce

Dubai uses drones to electrically charge clouds, causing tortential rains in one of the driest nations on Earth. Until now, such experiments had been done succeessfully from the ground only.


Info — Viral — Fun.
#Real #Dubai #makes #its #own #RAIN #to #tackle #122F #heat: #Drones #blast #clouds #with #electrical #charge #to #produce #downpours.
#The #rain #is #formed #using #drone #technology #that #gives #clouds #an #electric #shock #to #‘cajole #them’ #into #clumping #together #and #producing #precipitation.
The #UAE #is #one #of #the #most #arid #countries #on #Earth #and #the #technique #helps #to #increase #its #meagre #annual #rainfall #Video #shows #it #is #working #with #monsoon-like #downpours #across #the #country.
Dubai makes its own RAIN to tackle 122F heat: Drones blast clouds with electrical charge to produce downpours.
The rain is formed using drone technology that gives clouds an electric shock to ‘cajole them’ into clumping together and producing precipitation.
The UAE is one of the most arid countries on Earth and the technique helps to increase its meagre annual rainfall.
Video shows it is working with monsoon-like downpours across the country.
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Permanent Artificial Hearts Are Closer Than You Think

For decades, scientists have been trying to build a long-lasting replacement for the human heart. Now, an Australian inventor believes he’s cracked one of the hardest problems in medicine.

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