Glasgow tech company acquired by semiconductor giant

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Glasgow tech company acquired by semiconductor giant

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Glasgow-based Stream Technologies has been bought by chip design company ARM  to provide improved connectivity for internet of things (IoT) devices for an undisclosed sum.

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Stream was founded on 2000 and is a connectivity management technology provider which maintains more than 770,000 managed subscribers and 2TB average traffic per day.

Stream provides companies with a build once, deploy anywhere supply chain where any IoT device can be deployed, find a network, self-authenticate, automatically provision and connect to the lowest cost channel, removing the need to interface with multiple systems and develop several business contracts.

By |2018-06-13T09:21:31+00:00June 13th, 2018|Acquisition, Business News, National, Technology|Comments Off on Glasgow tech company acquired by semiconductor giant

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