ARM was founded in 1990 and developed the first ARM processor in 1985. Key developments include the ARM2 commercial processor in the 1980s, the ARM7 used in early Nokia phones in the 1990s, and the modern Cortex-A9 which provides improved performance and power efficiency through features like out-of-order execution and cache hierarchies. NEON is ARM's SIMD architecture extension for improved media and signal processing, and it is now widely used in mobile software from Android to ffmpeg to accelerate tasks like video encoding and FFTs.