The Internet of Things is expected to grow rapidly over the next decade, and acquiring companies with related assets will be a core part of larger tech players' strategies to be at the forefront of IoT. With the Internet of Things on track to have a growing impact on the mergers-and-acquisitions landscape going forward, it's worth taking a look at some of the biggest buys so far.
Click through the following presentation for a look at the five biggest Internet of Things acquisitions so far, and what big purchases mean for Cisco Systems (NASDAQ:CSCO), Intel (NASDAQ:INTC), Qualcomm (NASDAQ:QCOM), NXP Semiconductors (NASDAQ:NXPI), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL).
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Keith Noonan has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), NXP Semiconductors, and Qualcomm. The Motley Fool recommends Cisco Systems and Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.