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Strategies & Market Trends : Value Investing

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ekimaa
To: gizwick who wrote (57285)5/16/2016 11:07:02 AM
From: E_K_S1 Recommendation  Read Replies (1) of 78968
 
U.S. and Chinese Tech Firms Team Up on Sensor Networks for ‘Smart Cities’

China plans to spend heavily on technology to help cities cope with headaches such as air pollution and traffic jams—and perhaps unruly mobs and outlaws. Silicon Valley companies are teaming up to seize the opportunity despite civil liberties issues, a trend that could raise the profile of players like Sensity Systems Inc.

The closely held company, whose investors include Cisco SystemsInc. and General Electric Co., on Friday is expected to announce a joint venture with a spinoff from China’s Academy of Sciences to help build new-wave data networks with such features as video surveillance and sensors to monitor traffic and air quality.

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I fill more comfortable owning CSCO and or GE. Already have GE but CSCO could be a good value buy w/ all the cash they have.

EKS
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