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Riot 263: Around The Web Roundup

­ // M&A, Strategies, Alliances // PTC has acquired Twnkls, an AR services firm based in the Netherlands with 30 staff, for an undisclosed sum, and poached a McKinsey partner to head up a new digital transformation solutions group for PTC. GE Ventures is apparently up for sale, with the still-troubled industrial titan looking to offload its portfolio of 100 startups. Broadcom’s warning that the Huawei embargo is going to have up to a $2bn hit on its sales figures has sent ripples through the rest of the chip industry. Broadcom is down around 7%, and sell-offs in other stocks are happening. Iteris is acquiring Albeck Gerken, a Florida-based traffic operations engineering services provider, to boost Iteris’ transport and agricultural…

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