Huawei buys UK’s Neul to boost IoT smarts

Liam tung | March 1, 2016

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Huawei firms up its plans for a bigger push into managed IoT for mobile network operators. Chinese networking giant Huawei has acquired the UK's Neul, a pioneer in using thin slices of spectrum that wants to make the 'internet of things' (IoT) profitable and manageable for mobile network operators. The acquisition, for a reported $25m, will accelerate Huawei's presence in the growing market for IoT, giving it Neul's R&D centre in Cambridge, UK, as well as technology being used in smart city trials within the UK.

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