IBM to spend $3B on ‘Internet of things’ business unit

By Aaron Pelc

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The Armonk-based company will create a new business unit to further its efforts in the market of interconnected smart devices.

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About the author

Aaron Pelc
Aaron Pelc edits the news content for and the print editions of the Business Journals. He also curates the daily News @ Noon newsletter. He joined Westfair in 2014 after working nearly two years as a copy editor for Gannett Central New York Media. He is a 2012 graduate of Syracuse University's S.I. Newhouse School of Public Communications.