Sale of Technology Business NextG-Com to ARM

Posted on Feb 21, 2017 in News

The Prism team has announced the sale of Internet of Things (IoT) technology business NextG-Com to ARM.

It’s been a whirlwind of a year so far for the Prism team, with this latest high profile deal our fifth since the start of 2017.

NextG-Com offers a complete layer two and three software stack for NB-IoT (NarrowBand-IoT). The acquisition by ARM will expand the ARM portfolio of IoT connectivity, enabling its partners to address any class of IoT application from the smart city and smart home, to the factory and farm.

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