ARM Snags New Customers in Record Quarter

Rick Merritt, EETimes
10/22/2013 12:55 PM EDT

SAN JOSE, Calif. -- ARM Holdings PLC reported a record quarter based on closing 48 new licensing deals, 11 with new customers. The deals drove revenue up 26 percent year-on-year to $286.7 million and pre-tax profits up to about $150 million.

Licensing growth "was strong and diverse," said Tom Lantzsch, executive vice president of strategy at ARM, in an interview with EE Times. Given the third quarter spike, ARM expects sales in the coming quarter to be about flat, he said.

Eighteen of the 48 new licenses were for microcontroller-class Cortex-M products, a fact that kept ARM’s average royalty per chip flat year-on-year at 4.9 cents. However, the high-end Cortex-A was the second biggest area, with 15 new licenses, including one to Mediatek for the 64-bit ARMv8 processor. ARM also signed five new licenses for its Mali graphics core, one from a new customer.

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