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"Microsoft signed an agreement with the UK-based ARM, giving Microsoft access to some of the chip designer's intellectual property. The two companies have worked together since 1997, but Ian Drew, ARM's EVP of marketing, said this is the first time Microsoft has become a licensee of ARM's architecture, a move which will allow Microsoft to design their own microarchitecture. Other licensees include Qualcomm, Marvell, and Infineon. Neither company would reveal the cost of the license. Speculation about Microsoft's intentions includes wondering whether the company is taking aim at the iPad, or perhaps looking to produce a next-generation Xbox without the 360's heat problems."
Now this could be interesting!
