An Arm spokesperson declined to comment. The Treasure Data spokesperson has yet to respond.
Softbank bought 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, the Internet of Things, robots and online cars. 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.
The acquisition is part of the Arm IoT development plan. Last month, Arm just acquired Stream Technologies to provide better connectivity for Internet of Things (IoT) devices.
The benefits of data are often obvious: higher efficiency, faster market entry speed, cost savings, and new revenue channels. But the premise of these benefits is that the data must be reliable, secure, and Quick access and meaningful data conclusions.
Arm's vision is to achieve 1 trillion devices networking in 2035, which requires a number of factors, including the opportunity for companies to get real business value from IoT data. The benefits of using this data are obvious: Higher efficiency , shorter time-to-market, cost savings, and new sources of revenue. The benefits of having this data are ultimately to ensure the credibility of the data you get, to securely and quickly capture data and provide meaningful insights. .