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traderinvestor

01/23/17 10:13 AM

#73807 RE: legacy1010 #73777

4. SDVI subsidiary Knoton. Knoton develops IOT devices and supporting software to be used for any IOT based products. The Knoton is a combo IOT device with GPS, BLE/WIFI, 3G and sensing modules. It has a core module with lots of functionalities. It can be used as a wearable device or mounted on a surface to be a Health tracker, Pet tracker, Home automation controller, Safety, ENS, Child Tracker, Sudden Infant Death warning just to name a few uses. It has SMS services, WIFI and BLE functionality, Motion and location detection. It can be expandable with interface modules. The portable device can be used for tracking one's health, a pet's location, a child tracker, Home Automation and other IOT services. The modular platform will enable hardware developers to develop their own products using a library of 50+ sensor covering health, lifestyle and security. The wearables device market produced $20 billion in 2015 and projected to be at $70 Billion by 2025.

http://finance.yahoo.com/news/signature-devices-signs-agreement-acquire-130000195.html