Rivals ARM And Intel Make Peace To Secure Internet Of Things

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LONDON, Oct 15 (Reuters) - Rival semiconductor giants ARM and Intel have agreed to work together to manage networks of connected devices from both firms, clearing a major stumbling block to market growth of the so-called Internet of Things (IoT).

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This will allow customers using IoT chips based on either company's products to manage them in the same system, executives at the two companies said in separate blog posts. (Reporting by Eric Auchard in London; editing by Jason Neely)

"We see a significant acceleration in terms of how the market will grow in terms of the number of managed devices and the volume of data that moves through these systems," Himagiri Mukkamala, an ARM senior vice president and general manager for its IoT Cloud Services division, told Reuters in an interview.

Britain's ARM, a unit of Japan's Softbank Corp, said on Monday it had struck a strategic partnership with Intel to use common standards developed by Intel for taxi prices Delphi managing IoT devices, connections and data.