Broadcom In License Deal With ARM

Irvine-based Broadcom is in a licensing deal with processor firm ARM, the two companies said this morning. According to the two, Broadcom has licensed ARM's Cortex-A9 multicore processors, for use in next-generation mobile, wireless, and other consumer electronics applications. the companies did not disclose terms of the "major" licensing agreement. ARM's multicore processor is targeted for use in such things as smart phones.