India's Reliance Group, Cisco Jasper partner for technology venture

India's Reliance Group, Cisco Jasper partner for technology venture

© Danish Siddiqui / Reuters

Internet of Things, commonly called IoT, is an emerging technology which provides seamless interaction between devices embedded with electronics such as television sets, refrigerators, and automobiles.

Cisco Jasper is a U.S.-based company that specializes in IoT.

The new venture between the two companies will be called UNLIMIT, the statement said.

(Reporting by Devidutta Tripathy; Editing by Christian Schmollinger)

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