How ARM set itself up for a $32B acquisition
The TV you watch may have an ARM processor chip in it. So does the Amazon Echo that helps switch on the light and air conditioner through voice commands.
That's just a microcosm of how deeply ARM goes in our daily lives. ARM's low-power chip designs have revolutionized mobile devices and are now powering smart home devices, smart meters, weather sensors, medical devices and industrial equipment.
ARM chips also are inside many sensor devices used in the fast-growing internet of things market. The company set itself up for growth in IoT with its dogged focus on low-power chips since the 1990s, and that vision has paid off with SoftBank's announcing plans this week to buy ARM for a stunning $32 billion.
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