Arm, the semiconductor company, announced on Tuesday (June 12) that it is acquiring Stream Technologies to enable connectivity management of every device, regardless of its location or the network to which it is connected.
Stream Technologies will be integrated into the Arm Mbed IoT device management platform. Terms of the deal were not disclosed.
In a corporate blog post, the company said that by 2035, there will be a trillion connected devices enabling companies to get real business value from Internet of Things data, including greater efficiencies, faster time to market, cost savings and new revenue streams. Connecting all IoT devices is important in ensuring that data is accessible at the right time and cost across all use cases.
Founded in 2000, Stream Technologies is a leading player in connectivity management technology, Arm said in the post. The company has more than 770,000 managed subscribers and 2TB of average traffic per day. Stream, said Arm, provides companies with a “build once, deploy anywhere” supply chain in which any IoT device can find a network, self-authenticate, automatically provision and connect to the lowest cost channel. That is critical, Arm noted, as the market moves from billions to trillions of connected devices.
Stream will also work with GSMA-compliant Embedded Subscriber Identity Module (eSIM) solutions, such as Arm Kigen and SIM solutions from partners.
Arm noted that customers will see many benefits from the Stream integration, including a single pane of glass that provides visibility and management capabilities throughout the lifecycle of the device; global aggregation across network types; and flexible, wireless connectivity options that can be optimized across devices, regions and use cases.
“The addition of the Stream team to Arm accelerates our mission to securely manage IoT complexities from the chip to the cloud, enabling our customers to focus their efforts on deriving real, actionable insights from the data generated by their connected devices,” wrote Himagiri Mukkamala, senior vice president and general manager, IoT Cloud Services, Arm.