Davis Polk advised ARM Holdings plc in connection with the acquisition by ARM Limited of Sensinode Oy. The terms of the transaction were not disclosed.
Based in Cambridge, England, ARM is the world's leading developer and supplier of semiconductor intellectual property. To date, ARM has licensed its technology to nearly 300 ARM partners, who have shipped over 20 billion ARM-based chips. Based in Oulu, Finland, Sensinode provides software technology for the Internet of Things. The Internet of Things is the next evolution of the Internet where products of all types and capabilities are connected.
The Davis Polk corporate team included partners Nigel D. J. Wilson and Will Pearce and associates Petja Toskan, Nick Gilling and Alexander Mehra. Partner Jonathan Cooklin and associate David Wilson provided tax advice. All members of the Davis Polk team are based in the London office.