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Connexin secures $103 million to expand its smart city business in the UK

  U.K. smart city company Connexin announced it has raised an initial commitment of up to £80 million ($103 million) in funding to further strengthen its position in the smart infrastructure and Internet of Things (IoT) sector. The company said that new investment will support the expansion of its business to meet expected growth in demand for smart networks in U.K. cities. The large injection of capital has been provided by...