Arm, the semiconductor firm, has completed the acquisition of Treasure Data to boost its new IoT platform.
The company said the deal was "the final piece" of its IoT enablement puzzle which has resulted in the Pelion IoT platform.
Treasure Data and Arm's other recent acquisition, Stream, will be combined with Arm Mbed Cloud to allow companies to quickly turn IoT and enterprise data into insights capable of unlocking new opportunities for them and their customers by attaching sensors to every piece of equipment a company owns. These sensors then derive meaningful information from huge quantities of data that it collects.
"Treasure Data is a global leader in enterprise data management providing the ability to aggregate and translate massive volumes of scattered and siloed data," Evan Tamura, Arm's AR manager.
"The company's technology deals with data from any source. CRM, e-commerce systems, edge, IoT devices, and any third-party data. The result for customers is an ability to derive meaningful and actionable insights from any disparate data mix."
Arm said the Pelion IoT Platform will deliver ultimate flexibility in IoT system architectures and will enable companies to seamlessly and securely connect and manage IoT devices and data at any scale, as it is designed to work on public and private clouds, on-premises and in hybrid environments.
To deal with data volumes and complexity, businesses need to be able to seamlessly connect and manage their IoT devices, as well as manage their data flows. Arm said it has focused on supporting companies with this for several years, but a full service taking care of all of a company's data needs, from device-to-data, has only become possible now it has acquired Treasure Data.
"Can we give businesses the superpower of dealing with any kind of data?" Added Tamure. "We think we can. The value will be experienced by our direct customers and the wider world of businesses that will benefit from IoT unlocking new insights, and those insights unlocking new value."
Image credit: Arm
