Telit to acquire Thales’ IoT unit for 25% of expanded, rebranded industrial IoT business

Italian-American IoT module maker Telit is to acquire the cellular IoT unit of French aerospace, defence, and security company Thales in return for a quarter-share of its expanded industrial IoT business. Thales will take a 25 percent stake in the expanded Telit business, headquartered in California, which will be rebranded as Telit Cinterion. Telit’s automotive…

Amazon Prime Video launches localized services for top three markets in Southeast Asia – TechCrunch

Amazon Prime Video today launched localized versions of its streaming service in Southeast Asia’s biggest markets — Indonesia, Thailand, and The Philippines. The company is attempting to boost its subscriber base in the three markets by increasing its investment in local production, releasing original slates for each territory, and giving customers special offers like seven-day…