Prism announces sale of technology business NextG-Com to ARM

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 its 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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