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Cisco To Acquire IoT Company Jasper For $1.4 Billion (thestack.com)
An anonymous reader writes: Cisco has announced its intention to spend $1.4 billion purchasing startup Jasper Technologies, Inc. which specialises in IoT connectivity. It's the most significant acquisition the tech multinational has made since its purchase of Wi-Fi manufacturer Meraki in 2012. In 2015 Cisco also acquired OpenDNS for $635 million, and with the Jasper acquisition seems committed to securing a major foothold in IoT infrastructure over the next five years.
Because the company that basically built the internet infractructure as we know it doesn't understand security? LOL. That kind of shit might fly sitting around playing minecraft with your geek buddies, but the reality is there probably is no other company as qualified to make sure it is done correctly. Fail.