British micro-chip designer Arm Holdings will create a new hub in Israel after completing a multi-million pound acquisition of one of the country's leading cyber-security companies.
Cambridge-based Arm, whose technology powers 95 per cent of smartphones globally, has sought to protect users of its technology by buying Sansa Security for an undisclosed sum reported at between £54 million and £64 million.
The purchase will prepare Arm for what director of corporate public relations, Andy Winstanley, called a "natural evolution" into the Internet of Things (IoT), a developing global scenario in which all objects and people are connected.
An all-encompassing network of this nature will make hacks a much more dangerous prospect, as hackers could take control of almost any system by infiltrating the network.
