Rivals ARM And Intel Make Peace To Secure Internet Of Things
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ATHENS, Nov 10 (Reuters) - Helleniq Energy will start a process to acquire more advanced data for potential gas reserves in two offshore blocks in the Ionian Sea in the coming weeks, its top executive said on Thursday.
"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.
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"But we have enough evidence to convince us to move into the 3D phase which will start in the next few weeks," he said, after Helleniq reported a leap in third-quarter profit thanks to robust refining margins and exports.
Greece has had indications of significant gas reserves of around 600 billion cubic metres and earlier this year decided to push ahead with collecting seismic data via survey vessels in areas that potentially carry significant gas reserves including two blocks off Crete.
($1 = 0.9844 euros) (Reporting by Angeliki Koutantou Editing by David Goodman and Delphi guided tours Chris Reese) It will pay an additional interim dividend of 0.25 euros per share based on nine-month financial performance, it said.
The company has concluded an accelerated 2D seismic campaign for the blocks in the Ionian Sea and was still waiting for the final interpretation, Chief Executive Andreas Shiamishis told an analysts conference.
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ARM's recently introduced Pelion IoT management platform will rely on Intel's Secure Device Onboard specifications announced a year ago.
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)
Britain's ARM, taxi Meteora airport to piraeus price 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 managing IoT devices, connections and data.
Most of the world's biggest suppliers of IoT chips rely on low-power ARM designs, including NXP, Renesas and Microchip's Atmel, while Intel, known for its powerful data-crunching processors, dominates the cloud data centre market, where IoT data are analysed and processed, Gartner analyst Bill Ray said.
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).
