UK chipmaker ARM has acquired Finnish company Sensinode in efforts to accelerate uptake of Internet of Things devices.
The IoT is a set of technologies that allows embedded computers and sensors to communicate over low-power wireless networks over the internet.
Sensinode has also developed the 6LoWPAN and CoAP standards, which facilitate inexpensive and low power devices to communicate with each other over the internet.
IoT is said to be next evolution of the Internet connecting all types of products and capabilities and the number of connected devices is estimated to reach 30 billion by 2020.
John Cornish, VP of ARM System's design division, said: "By making Sensinode expertise and technology accessible to the ARM Partnership and through the ARM mbed project we will enable rapid deployment of thousands of new and innovative IoT applications."
ARM will also offer Sensinode's NanoStack and NanoRouter, which enable chips to communicate over low-power IPv6 networks and allow routing between low-power wireless networks and IPv4/IPv6 networks respectively.
The new products are supposed to offer the foundation for new applications including wireless sensors, smart connected appliances, home health applications and wearable electronics.
ARM released its new low power 'internet of things' Cortex-M0+ processor, calling it the "world's most energy-efficientmicroprocessor" in March 2012,