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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Oravetz who wrote (854)	11/2/2006 9:12:23 AM
From: Jim Oravetz	Read Replies (2) \| Respond to of 912

ARM Buys SOI Physical IP Provider By Colleen Taylor -- 11/1/2006 Electronic News Cambridge, England-based processor related intellectual property (IP) provider ARM Holdings plc today announced it has acquired Soisic SA, a provider of physical IP based on silicon on insulator (SOI) technology. Details and pricing of the acquisition have not been disclosed. The report of the Soisic acquisition comes as ARM is fresh off of posting record Q3 financial results. The company had revenues of $120.7 million for Q3, a typically slow quarter, a boost of 20 percent year-over-year. The acquisition is also the second time ARM has shown interest in SOI in less than a week. The company on Friday announced an SOI deal with Soitec to support the future development of SOI libraries for use by fabless companies when sending chips to foundry. "SOI technology is a leading candidate to address the power and performance scaling issues associated with traditional bulk CMOS processes as they migrate to ever-smaller geometries," Mike Muller, CTO of ARM, said in a statement today. "The acquisition of Soisic adds a new capability to our physical IP portfolio offering the potential for significantly better optimization of performance and power consumption for our partners." Privately owned Soisic has offices in Grenoble, France, and Santa Clara, Calif., and has net assets of approximately $319,250 (250,000 euros), according to ARM. The Grenoble office will become a new design center for the ARM line of Artisan physical IP and SOI technology, adding local engineering support for ARM's European customer base. Soisic develops standard cell libraries, embedded SRAM memory compilers and I/Os in SOI technologies, which it applies in products it has developed from 250nm down to 90nm, ARM said.