FRANKFURT: Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top US technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said .
Corporate finance adviser Hampleton Partners' report said that US$9.4bil (RM31.4bil) has been spent in the past three years to acquire so-called Internet of Things suppliers, with US$5bil (RM16.7bil), or more than half of the total, in the first nine months of 2014.
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