Google acquires LogMeIn’s iOT division Xively for $50 million

Google today confirmed that it has agreed to acquire Xively, a division of LogMeIn, Inc. at $50 million. This deal is aimed at strengthening Alphabet’s goal to take on Amazon and Microsoft in the public cloud business and internet of things.  Google believes that by 2020, that more than 20 billion connected devices will come online. Analytics and data storage in the cloud … Continue reading "Google acquires LogMeIn’s iOT division Xively for $50 million"