Rivals ARM And Intel Make Peace To Secure Internet Of Things

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But gas price caps have split the 27-country bloc.
While Italy, Spain, Belgium, Malta and Greece criticised the proposed cap for being too high or unlikely to ever kick in, countries including Germany and the Netherlands are sceptical of capping gas prices - warning that this could deter suppliers from sending much-needed gas to Europe.



"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.

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).

BRUSSELS, Nov 30 (Reuters) - The European Union's energy chief on Wednesday defended the bloc's proposal to cap gas prices and said countries will negotiate possible changes to the proposal, after a backlash from EU member states.

Most of the world's biggest suppliers of IoT chips rely on low-power ARM designs, including NXP, Renesas and Microchip's Atmel, private taxi Trikeri greece 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.



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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, 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.

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EU gas prices have soared this year as Russia slashed gas deliveries to Europe following its invasion of Ukraine, private day tours in Trikeri greece although even a record-breaking price spike in August would not have triggered the EU's proposed cap.





After months of infighting among EU countries who disagree on whether to cap energy costs, the European Commission last week proposed a price cap that would kick in if the front-month Title Transfer Facility gas price exceeded 275 euros per megawatt-hour for two weeks and was 58 euros higher than a liquefied natural gas reference price for 10 days.





The EU proposal came under fire from countries in favour of a gas price cap to reduce citizens' high energy bills - with Poland's energy minister calling the proposal "a joke" and analysts suggesting it was designed with such strict criteria that it would never be used.

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