An ARM spokesperson declined to comment. The Treasure Data spokesperson has yet to respond.
The acquisition is part of the ARM IoT development plan. The company announced the acquisition of Steam Technologies in June this year, and the Glasgow-based company can improve the connectivity of IoT devices.
Softbank acquired ARM for $32 billion in 2016, and Sun Justice, the company's CEO, said that the areas of investment they are currently interested in include artificial intelligence, driverless cars, Internet of Things, robotics and network vehicles. Softbank announced about 34 billion last year. The US dollar trade is currently investing in the technology industry through its Vision Fund, which is close to $100 billion.
Treasure Data raised $25 million at the end of 2016, when it was supported by Sierra Ventures and SBI, which was a subsidiary of Softbank.
Products developed by Treasure Data, based in Mountain View, Calif., can help companies analyze data for marketing and other purposes, including processing data that is proliferating after product release, or unified data provided by sensors. The company's products are used In the automotive, retail, Internet of Things, entertainment and other industries, their customer data platform can also help users compete with data giants such as Netflix, Amazon and Facebook.