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Riot 255: Around The Web Roundup

// M&A, Strategies, Alliances // Microsoft has acquired Express Logic, a RTOS developer based in San Diego. The 23-year-old firm is best known for its ThreadX RTOS, which is apparently deployed across 6.2bn devices. RTOS is a few steps down the chain for Microsoft, typically designed for devices with a few dozen kilobytes of RAM, but Microsoft’s recent Azure Sphere launches show it is serious about expanding in this sector. Hitachi is buying JR Automation for $1.42bn, a firm that specializes in robotics-based process automation and has a strong North American customer base in the automotive and aerospace industries. JRA’s 2018 revenue was $600mn, with about 2,000 staff, so again, that’s a pretty low revenue multiple in the IoT. Getaround…

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