Arm buys Stream Technologies to provide an integrated device and connectivity management offering to the IoT market
- Arm has acquired Stream Technologies and will add the company to Arm’s IoT Service Group to extend the Mbed Device Management Platform with connectivity services/service management capabilities.
- Arm acquired Stream Technologies primarily to further Arm’s overall goal of having its processor designs used in the expected hundreds of billions of future IoT devices.
- The acquisition’s impact to Arm’s strategic positioning is likely only marginal and incremental, unless Arm adopts “Internet-scale” pricing for the combined service.
Arm makes its sixth acquisition since being acquired itself by Softbank
Arm, the British chip designer acquired by Softbank in September 2016 for $32 billion, today announced its acquisition of Stream Technologies.
Stream Technologies, based in Glasgow, UK, is primarily a mobile virtual network operator (MVNO) providing Internet of Things (IoT) connectivity services over cellular, satellite, and LoRaWAN networks, leveraging its connectivity service provider (CSP) partners’ infrastructure. Arm states that Stream Technologies supports roughly 770,000 IoT devices at present.
Stream Technologies also licenses its IoT-X connectivity management platform (CMP) to a handful of mobile operators, but is a relatively small player in this market, compared to companies like Cisco Jasper, Ericsson, Huawei, and Vodafone.
Arm will add Stream Technologies to its IoT Services Group (ISG), where Stream Technologies’ CMP and other technologies will extend the current Mbed Device Management Platform’s capabilities with connectivity management functionality. Since the acquisition of Arm by Softbank, Arm has itself acquired five other smaller firms and increased its headcount by 25%.
The goal is for the integrated platform to further reduce risk, time-to-market, and development costs for IoT developers and customers, by reducing overall development and management complexity. Indeed, IoT developers and other stakeholders regularly report that complexity, along with cybersecurity, poses a very significant challenge to overall IoT market development.