Huawei's $ 25 million acquisition of British provider of networking technology.

September 23, According to itproportal website reported that Huawei company to $25 million acquisition of UK-based "Internet of things" technology provider Neul. Neul is a research and development "Internet of Things" (Internet of Things) technology and products of the company, its well-known product is called "Weightless" connectivity platform, the latter for intelligent measuring device, street lamps and other products to provide ultra-low-power wireless interface (air interface).
Huawei
Huawei
       Huawei recently invested heavily in the UK "Internet of Things" industry, still in Bristol invest $ 25 million to establish a chip research and development laboratories. Huawei has committed the UK government to invest $ 1.3 billion in the locality.

    itproportal site evaluation said the deal is a good destination for Neul, it is expected to take advantage of future Huawei's many resources to develop into a "things" leading enterprises.

    For Huawei, the deal is a good investment - spend a little money to buy a pen emerging technologies.

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