Chip tech firm Arm plans to slash development time for connected devices

FILE PHOTO: An Amazon Echo Spot is seen on a bedside table in a bedroom in an Amazon ‘experience center’ in Vallejo, California, U.S., May 8, 2018. REUTERS/Elijah Nouvelage

SAN FRANCISCO (Reuters) - Arm Ltd, the British chip technology firm in the midst of a $54 billion takeover by Nvidia Corp, on Monday announced tools aimed at cutting the development time of so-called "internet of things" connected devices by some 40%.

For decades, the process of developing most computing devices saw chips and hardware first completed, then prototypes passed on to software developers to write code for the chips.