M&A

With an Eye on IoT Security ARM buys Simulity for $15m

In-brief: ARM’s purchase of Simulity adds the ability to do over the air updates to embedded SIM chips and highlights ARM’s efforts to build out security and management at IoT scale. 

Endpoint Protection Firm Cybereason Lands $100m Softbank Investment

Alternatives to legacy endpoint protection software like anti virus is one of the hottest areas in the information security space. Yesterday’s announcement by Cybereason of a $100 Million investment by SoftBank only underscores that. Cybereason, which has offices in Boston, London and Tel Aviv, closed a Series D funding round from SoftBank to accelerate growth. The round brings total investment in Cybereason to $189 million and make SoftBank the single largest investor int he company, which also counts Spark Capital, Lockheed Martin and CRV as investors. “We are thrilled with our incredible growth but we are never satisfied because hackers still have a big advantage over the vast majority of corporations. This new funding allows us to increase our growth through new distribution channels and to develop new technologies. Our strengthened partnership with SoftBank, which has a formidable sales force and enterprise customer base in Japan and a global reach, […]

Samsung Galaxy S5

Samsung Taps Security Start-up Darktrace for IoT Protection

In-brief: Samsung’s SDS global IT services group inked a deal with the security start-up Darktrace last week that, according to reports, will also result in collaboration around security for IoT devices.

Intel Acquires Computer Vision for IOT, Automotive

In-brief: Intel announced on Thursday that it was acquiring Itseez Inc., a San Francisco-based start-up that develops algorithms and software for computer vision. The company said it sees applications in autonomous vehicles, security and manufacturing.

ARM courting Sansa to boost IoT security | InfoWorld

In-brief: Infoworld writes about the possible deal by ARM to acquire Sansa Security, a maker of security software for embedded systems that populate the Internet of Things.