<p>Arm Holdings, a British chip-design subsidiary of Masayoshi Son-owned SoftBank Group, is all set to buy California-headquartered data management technology company for $600 million. </p>.<p>Arm Holding, which has offices in Bengaluru and Noida, was purchased by Softbank in 2016 for $32 billion and currently has a net income of ¥ 31.79 billion in 2017. </p>.<p>According to industry analyst, ARM’s biggest deal was for Artisan Components Inc. in 2004 for $705.9 million. In June it announced the acquisition of Stream Technologies, a Glasgow-based company that improves connectivity for internet of things devices.</p>.<p>"The Cambridgeshire-headquartered company's primary business is in the design of ARM processors (CPUs).The company also designs software development tools under the DS-5, RealView and Keil brands. SoftBank aims to step up competition in the IoT space against other global tech giant," said an analyst. </p>.<p>Treasure Data, founded by Japanese engineers, received funding from Yahoo co-founder and investor Jerry Yang and Bill Tai, a noted venture capitalist.</p>.<p>The company helps in the efficient management of large amounts of data generated continuously from consumer web-browsing histories, corporate ads and sales promotion and even readings from sensors attached to various devices.</p>.<p>Neither ARM official nor Treasure Data didn’t immediately respond to requests for comments.<br /> </p>
<p>Arm Holdings, a British chip-design subsidiary of Masayoshi Son-owned SoftBank Group, is all set to buy California-headquartered data management technology company for $600 million. </p>.<p>Arm Holding, which has offices in Bengaluru and Noida, was purchased by Softbank in 2016 for $32 billion and currently has a net income of ¥ 31.79 billion in 2017. </p>.<p>According to industry analyst, ARM’s biggest deal was for Artisan Components Inc. in 2004 for $705.9 million. In June it announced the acquisition of Stream Technologies, a Glasgow-based company that improves connectivity for internet of things devices.</p>.<p>"The Cambridgeshire-headquartered company's primary business is in the design of ARM processors (CPUs).The company also designs software development tools under the DS-5, RealView and Keil brands. SoftBank aims to step up competition in the IoT space against other global tech giant," said an analyst. </p>.<p>Treasure Data, founded by Japanese engineers, received funding from Yahoo co-founder and investor Jerry Yang and Bill Tai, a noted venture capitalist.</p>.<p>The company helps in the efficient management of large amounts of data generated continuously from consumer web-browsing histories, corporate ads and sales promotion and even readings from sensors attached to various devices.</p>.<p>Neither ARM official nor Treasure Data didn’t immediately respond to requests for comments.<br /> </p>