M&A, Strategies, Alliances HP and Intel have partnered to launch three global labs to focus on developing customer IoT applications, based on open standards, pairing Intel’s IoT Platform with HP’s Enterprise Services. ON Semi is buying Fairchild for $2.4bn cash, with the new company set to become the number-two semiconductor player. SAP has announced a number of partnerships with IoT security companies, including azeti Networks, Certified Security Solutions, Panoramic Power, Check Point Software Technologies, and Intel. The OpenFog Consortium has been launched by ARM, Cisco, Dell, Intel, Microsoft, and Princeton University’s Edge Laboratory, to develop and deploy technologies that move compute power closer to the network edge, as per Cisco’s ‘Fog Computing’ definition. Completing its acquisition of Cisco’s CPE business,…