The Internet of Things is certainly evolving more slowly than some enthusiasts had hoped, especially in relation to 5G, but a significant expansion is still on the cards in the coming years. That is driving a wave of acquisitions by components companies as they seek to seize control of an important growth area. However, there are also companies which are cashing in their assets in IoT, either to make a quick cash boost, or to focus on more core activities rather than jostle for position in a crowded market. Broadcom and ARM announced IoT-related divestments last week. The former has sold a wireless IoT unit for the second time – having offloaded a previous business in this area to Cypress…