ARM Ltd is a company that designs ARM processor cores. It was founded in 1990 as a spin-off from Acorn Computers. ARM licenses its core designs to other companies who manufacture and sell chips containing ARM cores. While ARM does not manufacture chips itself, it develops technologies like software tools and debug hardware to assist partners using ARM architectures. Current low-end ARM cores include the ARM7TDMI, which features a Thumb instruction set, debug support, an enhanced multiplier, and embedded debug hardware. The ARM7TDMI uses a von Neumann architecture and has a 3-stage pipeline.