Someone forgot to tell Microsoft and Nokia that the Internet of Things is dead
Two of tech’s more venerable names—Nokia and Microsoft—acquired Internet of Things startups recently. Nokia bought French wearables company Withings for $191 million, while the price of Microsoft’s purchase of Italian cloud specialist Solair was undisclosed. But both these tech giants, once at the top of their industries, might be expecting too much from the much ballyhooed Internet of Things.