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ARC signs $15M multiyear license with major consumer electronics company
ARC International has announced that one of the largest consumer electronics companies has taken a multiyear license valued at $15 million (USD) for ARC's patented configurable processors.
ARC International has announced that one of the largest consumer electronics companies has taken a multiyear license valued at $15 million (USD) for ARC's patented configurable processors. Further details of the nature of the customer and its targeted high-growth applications are confidential.
Carl Schlachte, president and CEO of ARC International, said, "This significant customer agreement is one of the largest ever completed by a ‘Star IP' company."
