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Riot 269 Around The Web Roundup

// M&A, Strategies, Alliances // Signify has acquired Klite, a Chinese LED light manufacturer, in an attempt to reverse Signify’s habit of outsourcing, improve costs, and protect intellectual property. No price has been given, but Signify (formerly Philip’s Lighting) has bought a 51% stake. VMware has acquired Uhana, a startup that has built an ML-powered software platform that is aimed at enterprise workload automation. No price has been given, but VMware will be integrating it into the Telco Cloud and Edge Cloud portfolio. Wireless Logic has acquired Matooma, the third purchase by the IoT connectivity platform provider this year, adding a French startup that has specialized in the cellular side of IoT offerings. Wireless Logic’s expansion is being fueled by…

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