ARM and Rambus report Q2 numbers; Synopsys completes security acquisition; Intel plans tens of thousands of clouds; U.S. Congress sets up semiconductor caucus; Kilopass adds engineering VP.
Numbers
ARM’s financial results reported revenue in Q2 2015 of $357.1 million, up 15% versus Q2 2014. Half-year revenue in 2015 amounted to $705.2 million, up 15% on H1 2014. ARM’s license revenues in Q2 2015 increased by 3% year-on-year to $151.0 million, representing 42% of revenue, while its royalty revenues in Q2 2015 were up 30% on Q2 2014 at $175.9 million, representing 49% of revenue.
Rambus’ financials reported revenue for the second quarter of 2015 at $72.8 million, relatively flat on a sequential basis from Q1 2015 primarily due to higher sales of security products offset by lower royalty revenue according to the company, and down 5% compared to the second quarter of 2014. Revenue for the six months ended June 30, 2015 was $145.7 million, which was down 6% over the prior year period, primarily due to lower royalty revenue from ST and NVIDIA.
M&A
Synopsys finalized the acquisition of software application security testing assets from Quotium.
Deals
Intel rolled out its grand plan to deliver tens of thousands of new clouds. As part of that initiative, it struck a deal with Rackspace to create an innovation center to enhance OpenStack source code.
The Semiconductor Industry Association heralded the creation of a Congressional Semiconductor Caucus, which will act as an idea-sharing forum between the U.S. Congress and industry leaders. The caucus is a trip-partisan group—Democrat, Republican and independent, with co-chairs from California, Texas, Maine and Idaho.
People
Seeking expertise outside the non-volatile memory space, Kilopass named Jen-Tai Hsu its new VP of Engineering. After 10 years in SoC companies, Hsu said, “it’s a great time to be in memory technology business because it seems all memories are running up against difficult limitations.”
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