| LONDON — Mike Inglis, executive vice president and general manager of the ARM processor division said the acquisition by Texas Instruments of Cortex-M3 microcontroller developer Luminary Micro Inc. (Austin, Texas) was a demonstration of the success of the Cortex-M3 processor core in the microcontroller market.
ARM is the developer of the Cortex-M3 core and has worked with Texas Instruments for many years on cores for mobile phone processors. TI has acquired privately-held Luminary, also Texas based, for an undisclosed amount of money.
"Luminary Micro was the first licensee of the innovative Cortex-M3 processor and has to date introduced a wide range of Cortex-M3 microcontrollers winning many significant designs. The acquisition by TI is a clear demonstration of the growing momentum behind the Cortex-M3 processor in the MCU market and the strides that Luminary has made," Inglis said in a statement.
Reinhard Keil, director of MCU tools at ARM, added: " The MCU market is consolidating around standards, and it is clear that the ARM Cortex-M3 processor is rapidly gaining traction. TI and Luminary are both significant players in the MCU market with complementary strengths and this acquisition will take the Cortex-M3 processor into a broader range of markets." | 
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