Cisco and NXP invest in connected car technology company
Summary
Cisco Systems and NXP Semiconductors have both invested in connected car equipment vendor Cohda Wireless, as they look to make the Internet of Things a reality and take a piece of a quickly growing market. Together Cisco, Cohda and NXP will develop applications that warn of hazards such as the potential of a collision ahead, alerting if a nearby vehicle is losing control, or of upcoming traffic congestion, they said this morning. NXP and Cohda are far from new acquaintances; they have already developed a platform that combines radio technology from both companies for use in onboard car units. The company has developed a radio based on IEEE 802.11p, a wireless network standard tailored for use in cars and in road-side equipment. Automotive, health care and utilities are currently the stand-out areas in the M2M sector, and regulation, standardisation and consolidation will help drive the popularity of machine connectivity and services going forward, according to Andrew Brown, director for enterprise research at Strategy Analytics.