Amazon.com, Inc. (NASDAQ:AMZN), Apple Inc. (NASDAQ:AAPL) And Alphabet Inc (NASDAQ:GOOGL) Absent In AllSeen Alliance And Open Connectivity Foundation Merger

0
Amazon.com, Inc. (NASDAQ:AMZN), Apple Inc. (NASDAQ:AAPL) And Alphabet Inc (NASDAQ:GOOGL) Absent In AllSeen Alliance And Open Connectivity Foundation Merger

AllSeen Alliance and rival firm Open Connectivity Foundation have joined their efforts to work on speeding up the connected devices industry.

The two firms want to be the market leaders in the IoT industry and they want to make it easier to connect household devices such as refrigerators, and music systems among others. AllSeen Alliance and Open Connectivity have impressing and ambitious plans but they do not involve the companies that are currently dominating the IoT space. Companies such as Amazon.com, Inc. (NASDAQ:AMZN), Apple Inc. (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOGL) are not part of the consortium.

However, it is important to note that some other influential companies. They include Microsoft Corporation (NASDAQ:MSFT), Intel Corporation (NASDAQ:INTC), Samsung Electronics, LG Electronics and QUALCOMM, Inc. (NASDAQ:QCOM). The new consortium of companies will all be under the name Open Connectivity Foundation (OCF). The idea behind the partnerships is to merge the open-source AllJoyn Framework used by AllSeen with the open-source IoTivity framework managed by OCF.

“With this merger, both software projects will collaborate to support future versions of the OCF specifications to combine the best of both technologies into a unified IoTovity roadmap, while providing support and interoperability enhancements for current implementations,” stated AllSeen Alliance chairman Danny Lousberg.

The AllSeen chairman also stated that the opportunity will allow AllSeen Alliance members as well as non-members to certify AllJoyn devices under the same testing and licensing procedures that are currently in existence. The absence of Apple, Amazon, and Alphabet from the group is a disadvantage because the three firms have made enormous progress with their IoT products. Their input would be significant towards the OCF goal of a more connected world. Nonetheless, the already existing members are strong enough to have a significant influence especially considering that firms such as Samsung and LG have strong markets for home devices.

Amazon stocks closed the latest trading session at $841.71, marking a $2.28 or 0.27% improvement compared to the price of the stock in the previous close.