Bird & Bird represents ARM in IoT tech acquisition

23 February 2017

Bird & Bird has represented ARM in its acquisition of the Swedish company Mistbase AB. Mistbase is an early stage tech company focused on developing NarrowBand-IoT (NB-IoT) solutions. NB-IoT is a cellular standard introduced in 3GPP Release 13 as a low-power wide-area connectivity standard for machine-to-machine (M2M) applications, like monitoring remote sensors.

Founded in 1990 and today the world's leading semiconductor IP company, ARM designs microprocessors, physical intellectual property and related technology and software, and sells development tools to deliver the intelligence in applications ranging from sensors to servers, including smartphones, tablets, enterprise infrastructure and the Internet of Things. ARM holds a #12 on Forbes list of the world's most innovative companies and its technologies reach 80% of the global population. More than 86 billion ARM-based chips have been shipped to date, with its silicon partners shipping nearly four billion ARM technology-based chips every quarter. ARM is now offering its first fully integrated NB-IoT cellular modem, based on the acquired technology and one of ARM's latest power efficient microcontrollers (MCU).

Hans Svensson (Managing Partner, Sweden) led the Bird & Bird team assisted by Josefin Johansson (Corporate – Project Manager). The Bird & Bird team also included Gabriel Lidman, David Nilsson and Karin Söderberg (IP), Tanja Tuominen (Real Estate), Katarina Åhlberg, Dasha Gafur and Jesper Laudon Meyer (Employment), and Carl-Magnus Uggla (Tax).

Hans Svensson, Managing Partner Bird & Bird: “We are very proud that ARM instructed Bird & Bird on this latest phase in its ambitions to lead innovation and to break new ground within a segment of communication which is set to completely revolutionize our daily life. The ARM team worked to the highest standards, and it’s been a genuine pleasure to be part of a very professional effort throughout.”