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Tuesday, Aug 27
ARM buys embedded device software vendor
- ARM (ARMH -1.6%) has acquired Sensinode, developer of an end-to-end software platform for providing Internet connectivity and Web services for embedded devices via the low-power, low-resource 6LoWPAN standard. Terms are undisclosed. (PR)
- ARM uses a beloved IT buzzphrase, "the Internet of things," in its PR, and makes note of an IMS Research forecast predicting there will be 30B Web-connected devices by 2020.
- ARM naturally wants its CPU cores to be found inside a large portion of them; Sensinode expands the embedded software feature set ARM can bundle with its cores, as it targets applications such as wireless sensors, health monitors, and wearable computing devices.
- Though the powerful ARM CPU cores going into smartphones/tablets get more ink, the company has asserted the 30B-40B unit market for low-cost embedded chips is its biggest growth opportunity. As it is, ARM's share gains in this market (stemming heavily from microcontroller design wins) are contributing heavily to its unit shipment growth (+20% Y/Y in Q1 to 2.4B).