ARM shifts away from IoT to focus on core chip business

The past weeks have been great for ARM, the designers of the most-used processors in the mobile and embedded world. From Apple's switch to its own ARM-based Silicon to powering the world's fastest supercomputer, ARM seems poised to become an even bigger threat to Intel than AMD was. Perhaps emboldened by that newfound prestige, the company has decided to stay focused on what it does best and spin off from that other popular IT market, the Internet of Things.