With Neul Will Huawei Take on the Smart City

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4Q 2014 | IN-1020609

Huawei Buys Neul

NEWS


On September 19, 2014, the press announced Huawei's acquisition of Neul for a sum of US$25 million. This is the first acquisition executed by a handful of companies that are attempting to create a market in Low Power Wireless WAN (LP-WWAN) technologies. My colleague has commented on the valuation and how frightfully low it was given the company investment, please see the recent ABI Insight "Analyzing Huawei's Acquisition of Neul: How about That Valuation?" This ABI Insight provides analysis on the LP-WWAN market and what this means for Huawei in the M2M/IoT market.

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