Alibaba will Fund the development of processors for the Internet of things
Chinese online Commerce giant Alibaba Group with a quarterly turnover of 8.3 billion dollars seeks to expand the scope of activities. According to industry sources, Alibaba Group is investing in the company C-Sky Microsystems, which develops 32-bit processor with low power consumption for embedded systems.
On strategic partnership Alibaba and C Cloud-Sky, it was announced in October. His purpose, the partners described the development of hardware and software solutions for the Internet of things (IoT). Incidentally, with regard to the software component, a Central aspect of it is the operating system AliOS Things intended for the equipment of smart home appliances, homes and cities. Task C-Sky — design-on-chip systems that are optimized for IoT.
Company C-Sky has been operating since 2001. During this time it has shipped more than 600 million single-chip systems for various applications.