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Apple appears to be continuing on its path to ever more vertical integration as Japanese newspaper Nikkei reported that the consumer electronics giant is in talks with Japan’s Renesas Electronics to take over a unit that supplies all of Apple’s iPhone liquid crystal displays. Displays aren’t only the “face” of the phone, they are also the largest consumer of battery power. With such IP in-house, I’m sure Apple’s engineers can not only create a reliable supply of these components, but also improve the most important customer-facing aspect of a phone or tablet. Apple is reportedly seeking to buy a 55 percent stake of Renesas SP Drivers, a joint venture Renesas has with Sharp and Powerchip.

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Structure 2011: Jayshree Ullal – President and CEO, Arista Networks

Structure 2011: Jayshree Ullal – President and CEO, Arista Networks

It’s about time. On Monday Arista, the company behind a generation of superfast and scalable networking gear, filed to raise up to $200 million via an initial public offering. For Arista’s history and goals check out Om Malik’s epic profile on the company. Unfortunately, as software defined networking has exploded, Arista had been caught with a proprietary operating system that ran counter to the trends we’re seeing with open source code and merchant silicon boxes. Yet, Arista had sales of $361.2 million — up 87 percent from 2012 — and net income of $42.5 million, about double from the year before. Not too shabby compared to many tech IPO hopefuls that are all revenue and no profits.

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aros

Is it hot in here? You might want to consider checking out the Wi-Fi enabled Aros connected air conditioning unit from GE and Quirky that will learn your preferences over time and cool your room without your input. The product will be out in May, and is part of the two companies’ connected devices partnership. The AC unit will work with the Wink app that operates a connected egg carton, a clock and other gizmos. At $300 for 8,000 BTUs it’s a bit pricier than a dumb system, but that’s how the internet of things works today.

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