#UK ARM pays $350m for global imaging technology leader


arm, super chip, cambridge, apical

Cambridge superchip architect ARM has paid $350 million cash for UK imaging technology innovator Apical.

CEO Simon Segars said the deal supported 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 was needed.

Driverless cars is just one of the vertical markets being targeted by the imaging power play.

Apical’s technology will complement the ARM Mali™ graphics, display and video processor roadmap with a number of in-demand products.

Apical’s imaging and embedded computer vision technology will allow next generation devices to understand and act intelligently on information from their environment.

The Loughborough-based business is one of the UK’s fastest-growing technology companies and its advanced imaging products are used in more than 1.5 billion smartphones and approximately 300 million other consumer/industrial devices including IP cameras, digital stills cameras and tablets.

Segars said: “Computer vision is in the early stages of development and the world of devices powered by this exciting technology can only grow from here. “Apical is at the forefront of embedded computer vision technology, building on its leadership in imaging products that already enable intelligent devices to deliver amazing new user experiences.

“The ARM partnership is solving the technical challenges of next generation products such as driverless cars and sophisticated security systems. These solutions rely on the creation of dedicated image computing solutions and Apical’s technologies will play a crucial role in their delivery.”

ARM evolved from the need to bring flexible and energy-efficient processing to a range of applications. Some 25 years and more than 86 billion ARM-based silicon chips later, the company’s technology now reaches 80 per cent of the global population.

Alongside its ARM Cortex® processors, ARM licenses Mali graphics, video and display processors. In 2015 Mali graphics processors became the world’s most shipped IP graphics core.

from Business Weekly http://ift.tt/1TYLILk

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