Sony buys Altair for $212 million

Sony Corporation has purchased the Israeli chip manufacturing company Altair for $212 million or 25 billion Yen. Sony enters the prestigious Israeli startup market to help its aim to become a world leader in the IoT (Internet of Things) field, connecting various devices to the Internet.

http://www.israelnationalnews.com/News/News.aspx/207108#.VqiCzVkSOUg

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