In this case I don't think they are out of control.
Imagination has a multi-year plan of which buying MIPS was a part. It will be interesting to find out who is the entrpreneurial visionary who is going to be doing the driving there.
One problem that both ARM and Imagination now have is that they are loaded with legacy responsibilities.
There may yet be an opportunity for a new kid on the block (or an old one like AMD) to come up with a novel processor architecture that is better suited for the heterogeneous multicore era.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.