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ARM Sparkles +MORE

ARM’s Q2 revenues grew 17% on Q2 2015 to £267.6 million with pre-tax profit up 5% to £130 million.

“ARM is continuing to invest in products that will support our partners’ roadmaps as they develop next-generation technologies such as 5G networks, autonomous vehicles and the Internet of Things,” said CEO Simon Segars, “our recent acquisition of Apical enhances our expertise in visual computing, a rapidly-advancing field which is enabling smart buildings, augmented reality, self-driving cars and advanced robotics.

25 new processor licences were signed and strategic design wins with NASA for embedded computing, and Fujitsu and RIKEN for high-performance supercomputing were announced.

Five licences were signed for ARM Cortex-A technology for high-performance and high-efficiency apps processors

An architecture licence wash signed with Guizhou Huaxintong Semiconductor, the joint venture between Qualcomm and Guizhou Province that will develop advanced server chipsets for the Chinese market.

A physical IP platform licence was signed for 10nm technology

Cash of £127.9 million was generated in the quarter. Net cash at was £805.2 million, compared to £1,005.9 million at 31 March 2016.

As at the end of June, ARM had 4,227 employees.

Because of the takeover by SoftBank it can’t make any financial forecasts about Q3.