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ARM sales growth slows in Q2, sees better H2
2014-07-22 08:41:00| Telecompaper Headlines
(Telecompaper) ARM Holdings reported a slowdown in revenue growth in the second quarter, due to seasonal trends and inventory management in the industry. Revenues were up 17 percent year-on-year to USD 309.6 million, while its adjusted operating margin improved to 48.9 percent from 48.6 percent a year ago. Licensing led the growth in revenue, up 42 percent to USD 146.1 million, after the company signed 41 new licences in the quarter. Royalty revenue was unchanged at USD 135.3 million. On a statutory basis, revenues rose 9 percent to GBP 187.1 million, and the margin increased to 34.9 percent from 7.4 percent a year earlier, after the company took a one-time charge for certain IP in the year-earlier period. Pretax profit jumped to GBP 68.0 million from 15.0 million, and EPS increased to 3.91 pence from 0.75. The results included a restructuring charge of GBP 8.4 million after a "review of the skills and capabilities across the business" led to the loss of 130 people from the company during the quarter. ARM's order backlog was down around 10 percent compared to the first quarter, but the company said it expects the licensing opportunities, especially for its next-generation processors, to pay off in a higher backlog in the second half of the year. Improving semiconductor market conditions should also lead to increased royalty revenue on the second half. The company will increase its interim dividend by 20 percent to 2.52 pence per share.
With phones in its pocket, ARM eyes the Internet of Things
2014-07-22 07:00:00| Freescale Press Releases
With phones in its pocket, ARM eyes the Internet of Things For more information click on title.
Tags: internet
things
eyes
phones
Wipro inks $1.1bn deal with ATCO; acquires IT arm for $195 mn
2014-07-18 13:52:55| IT Services - Topix.net
Wipro has entered into a multi-million dollar dual pact with ATCO through which India's third largest software services company will provide a complete suite of outsourcing solutions to the Canadian firm as well as acquire its IT services arm.
Nest Labs, ARM back Thread home network standard
2014-07-15 10:52:00| Telecompaper Headlines
(Telecompaper) A new Internet of Things industry group called Thread has launched, focusing on wireless networking in the home. The founding members of the Thread Group are Yale Security, Silicon Labs, Samsung Electronics, Nest Labs, Freescale Semiconductor, Big Ass Fans and ARM. They will focus on developing Thread, a new IP-based wireless networking protocol offered as an alternative to current 802.15.4 networking technologies. Its backers said Thread can connect more than 250 devices into a low-power, wireless mesh network that also includes direct internet and cloud access for each device. A version of Thread is already being used in commercial products from Nest, and "millions" of existing 802.15.4 wireless devices already on the market can run Thread with a software upgrade, the group said. The Thread Group will focus on educating product developers and consumers on the benefits of Thread through marketing and product certification.
Tags: home
back
standard
network
Redbirds ride Boone Whiting's confident arm for Thursday afternoon win at AutoZone
2014-07-11 01:58:35| Auto Parts - Topix.net
July 10, 2014 - Memphis Redbirds Pete Kozma tags out Nashville Sounds Eugenio Velez as he attempts to steal second base in the fourth inning at AutoZone Park.
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