Paul Brackley: Arm acquires Silicon Valley’s Treasure Data to complete Internet of Things jigsaw

Arm says its acquisition will help it provide a complete IoT solution for companies

Arm has acquired Silicon Valley-based Treasure Data in what it described as the “final piece” of its Internet of Things (IoT) enablement puzzle.
The Cambridge chipmaker and designer says the acquisition of the enterprise data management leader allows it to complete an industry-first device-to-data IoT platform, which it is calling Pelion.
Details of the deal were not disclosed by either party but sources told Bloomberg that Treasure Data stood to collect $600m (£475m) from the deal.

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