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Riot 252: Around The Web Roundup

// M&A, Strategies, Alliances // ZF has acquired Wabco, an ADAS provider that specializes in systems for trucks and trailers. The deal is worth €6bn ($6.75bn), and sees ZF take on over 16,000 staff in 40 countries. Wabco reported annual profits of €372mn on revenues of €3.4bn, as ZF expands further into autonomous technologies. MSA Safety has acquired Sierra Monitor Corporation, for $33mn (about 1.5x revenue), in an all-cash deal that MSA wants to use to drive worker safety improvements using Sierra’s gas and flame detection and IIoT systems. The ICC (now with OpenFog) and Plattform Industrie 4.0 have announced an expanded collaboration, with the pair now looking to increase research on digital twins, security, and edge computing. Resideo has…

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