ARM beats expectations as royalties rise

Cambridge based computer chip designer, ARM Holdings, has beaten market expectations with its second quarter results, as demand for its intellectual property continues to make it a British technology success story.

Cambridge based computer chip designer, ARM Holdings, has beaten market expectations with its second quarter results, as demand for its intellectual property continues to make it a British technology success story.

Revenue for the second quarter was £135m, up 15% on the same period of 2011 and better than the consensus forecast of £129m.

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