ARM Announces Acquisition Of Allinea Software - Quick Facts

(RTTNews) - ARM (ARM.L, ARMH) announced it has acquired Allinea Software, an industry leader in development and performance analysis tools that maximize the efficiency of software for high performance computing systems. ARM noted that currently, 80 percent of the world's top 25 supercomputers use Allinea's tools, with key customers including the US Department of Energy, and NASA.

Allinea will be integrated into the ARM business with all functions and Allinea's Warwick and Eastleigh locations retained. Allinea's former CEO David Lecomber will join the ARM development solutions group management team.