ARM leads joint venture to boost connected device security
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ARM, Gemalto and Giesecke & Devrient have created a joint venture to develop a secure, accessible environment for connected devices running business applications. According to the partners, this includes tablets, smart tvs, games consoles and smartphones. All three companies are investing to accelerate adoption of a common security standard and create a vibrant ecosystem that will enable a new generation of innovative services.
Technology developed by the joint venture will be based on established solutions from the founding companies. It will provide a practical solution for manufacturers to deliver devices that enable services with a new level of trust.
"The integration of the hardware, software and services necessary for system wide security has been slow," claimed Warren East, pictured, ARM's ceo. "I am confident this joint venture will accelerate the adoption of a common security standard, enabling a vibrant ecosystem of secure service providers to emerge. This will be of significant step in terms of improved consumer trust in secure transactions on connected devices."
Gemalto and Giesecke & Devrient – both long standing ARM partners -- will contribute their respective software expertise, a move said to accelerate standardisation and interoperability. All three companies will contribute patents, software, people, cash and capital equipment. ARM will own 40% of the joint venture, with Gemalto and Giesecke & Devrient sharing the remainder.
The new venture will develop a Trusted Execution Environment (TEE), based on ARM's TrustZone technology. This will use advanced hardware security, coupled with industry standard software interfaces, such as those from the GlobalPlatform industry association.
