A Week in IoT: Broadcom mulls $100bn bid for Qualcomm, as Ayla banks $60m Chinese backing

Broadcom Ltd. is rumoured to be considering a bid of up to US$100 billion for Qualcomm Inc., according to a report by Bloomberg. As Jeremy Cowan writes, if it goes ahead this could be one of the biggest ever acquisitions of a chipmaker.

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Global IoT platform provider Ayla Networks announces $60 million in Series D financing

Ayla Networks, the provider in Internet of Things (IoT) platform-as-a-service (PaaS), announced that it has raised $60 million (€51.50 million) in Series D financing led by Run Liang Tai Fund (RLT) and Sunsea Telecommunications Co. Ltd.

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