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IBM says to invest US$3 billion in 'Internet of Things' unit

2015-03-31 12:52:30| Electronics - Topix.net

International Business Machines Corp said on Tuesday it will invest US$3 billion over the next four years in a new 'Internet of Things' unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data. A woman walks over a welcoming sign at the booth of IBM at the CeBIT trade fair in Hanover March 15, 2015.

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