Imec gears up for the Internet of Things economy
Luc Van den hove is talking in the darkened ballroom in a hotel next to the brilliantly sunlit marina in Herzliya.
It is the imec's CEO's first trip to Israel and around us the room is being prepared for an afternoon of presentations the Belgium nanoelectronics research centre will give on its work in such areas as the Internet of Things and 5G wireless to an audience of Israeli start-ups and entrepreneurs.
Imec announced in February its plan to merge with iMinds, a Belgium research centre specialising in systems software and security, a move that will add 1,000 staff to imec's 2,500 researchers.
At first glance, the world-renown semiconductor process technology R&D centre joining forces with a systems house is a surprising move. But for Van den hove, it is a natural development as the company continues to grow from its technology origins to include systems-based research.