Arm Acquires Treasure Data as Final Piece of Its Pelion IoT Platform
Today’s topics include Arm acquiring Treasure Data and introducing its Pelion IoT platform for managing connected devices, and Cisco expanding identity with its $2.35 billion acquisition of Duo Security.
Arm on Aug. 2 announced the purchase of 7-year-old data management company Treasure Data, calling the acquisition the final technology component that it needed after an 18-month effort to assemble its Pelion internet of things system.
According to Arm, Pelion is designed to give enterprises complete device and data management capabilities to help them gain business value from the rapid rise in the number of connected devices and the data being generated by them.
Through a single platform, users will get a unified view of the connected devices on their networks, get tools to optimize the data traffic from these devices, and manage all of this in private, public or hybrid clouds or in on-premises environments.
Cisco announced on Aug. 2 its acquisition of identity services provider Duo Security in an all-cash $2.35 billion deal expected to close in the fiscal first quarter of 2019.
Duo Security has developed various security technologies, including cloud-delivered identity, multifactor authentication and zero-trust access control technology and services. Cisco will integrate Duo Security technologies across its portfolio, including its intent-based networking strategy to help improve identity and access control.
David Goeckeler, executive vice president and general manager of Cisco's Networking and Security Business, says the acquisition “moves Cisco in a new direction—identity and access. … With Duo, Cisco customers will be able to easily and securely connect users to any application, on any network device with Duo's zero-trust access and authentication products."