Considering Treasure Data's expertise in processing large volumes of data generated by systems and data from CRM, e-commerce systems and other third-party services, Arm's deal will strengthen its IoT business capabilities.
Prior to this, Arm recently acquired Stream. Arm will refer to the acquisition of Treasure Data as the last piece of its IoT-enabled puzzle. The final piece of the puzzle in Arm will be the Arm Pelion IoT platform, which will integrate Stream, Treasure Data and the existing Arm Mbed Cloud into a single solution for connecting and managing IoT devices and their data generation.
In addition, Arm also said that Treasure Dat will continue to serve new and existing customers.