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Rethink IoT News ATW 221: Around The Web Roundup

// M&A, Strategies, Alliances // Ituran is acquiring Road Track for $91.7m, with Ituran looking to expand its automotive location services via Road Track’s OEM telematics business, focused on Latin America. Qualcomm has abandoned its $44bn acquisition of NXP, after failing to gain regulatory approval in China. There’s a $2bn exit fee, and QCOM is now buying back $30bn shares. ARM is planning to buy Treasure Data for $600m, according to Bloomberg, a data analytics firm. ARM had sent out invites to an announcement in this area – cat seems out of bag. // Networks, Protocols, & Wireless // Facebook is planning on launching an internet satellite, according to FCC emails obtained by Wired – proof that it still wants…

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