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Google said it has acquired the Xively Internet of Things (ioT) business from LogMeIn for US $50 million.
This will place Alphabet in straight competition with Amazon and Microsoft in the public Cloud business. All three companies’ Clouds have offerings for working with data from internet-connected devices.
With Xively, companies can connect new devices, manage them remotely and send data from the devices into other systems. Xively’s customers include Halo Smart Labs, Lutron and New England BioLabs.