21 May '16, 8pm

ARM Buys Apical: All IP & Running Licensing Deals for $350 million

PARIS—ARM announced it has acquired Apical Limited, a provider of imaging and embedded computer vision intellectual property (IP) products with extensive licensing deals across the semiconductor industry. Apical's advanced imaging products are used in more than 1.5 billion smartphones and approximately 300 million other consumer/industrial devices including IP cameras, digital still cameras and tablets. The company has licensing deals with industry giants including Texas Instruments, Samsung and LG, some dating back to early 2012 . The acquisition closed on 17 May 2016 for a cash consideration of $350 million supports ARM’s long term growth strategy by enabling new imaging products for next generation vehicles, security systems, robotics, mobile and any consumer, smart building, industrial or retail application where intelligent image processing is needed. Apical’s technol...

Full article: http://www.eetimes.com/document.asp?doc_id=1329710&_mc=RS...

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