The chip designer described Sensinode as a "pioneer in software for low cost low power internet connected devices," a market in which Arm is keen to continue its growth.
The acquisition is the first for new chief executive
Arm has outpaced key rival
The company also licenses its processor designs and receives a royalty on every chip shipped in its customers' products. Last year there were over 8bn Arm-based devices shipped worldwide, and the company made pre-tax profits of £276.5m.
Sensinode will continue its commercial operations for new and existing customers after the acquisition is complete.
ARM has not revealed the financial terms of the deal.
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