Arm intends to transfer its IoT Services Group businesses to SoftBank to focus on core semiconductor IP

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Arm intends to transfer its IoT Services Group businesses to SoftBank to focus on core semiconductor IP

Today, Arm announced proposed strategic organizational changes to strengthen its focus on growth and profitability.

The company is proposing to transfer its two IoT Services Group (ISG) businesses, IoT Platform and Treasure Data, to new entities that would be owned and operated by SoftBank Group Corp. and its affiliates.

Upon completion of the proposed transfer, Arm will deepen its focus on its core semiconductor IP business and expects

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