IAR Systems acquires equity stake in Secure Thingz

April 26, 2017 // By Julien Happich
Software tools provider IAR Systems announced it is partnering with Secure Thingz, a provider of advanced security solutions focused on the Internet of Things (IoT), as well as taking an initial 10% percent equity stake in the company.

The alliance is primarily focused on technology innovation to simplify the integration of security and enable the management of critical intellectual property within the product development process.

The companies’ joint solutions will enable secure device identities and privileges, allowing manufacturers and users alike to establish secure supply chains of trust, from silicon device manufacture to end-user product deployment and updates.

“Traditional solutions for IoT security are unable to defend against rapidly advancing threats. The Secure Thingz approach, with our partners, focuses on delivering robust security foundations, which can be leveraged across the device lifecycle,” said Krishna Anne, President and CEO, Secure Thingz.

“IAR Systems has a proven history of creating software tools and services for robust embedded development. Through our partnership, we will provide a one-stop solution to seamlessly integrate security and simplify the development process.”

“We are now investing in Secure Thingz as we believe its solutions really can create the necessary security in a world of connected devices and products,” said Stefan Skarin, CEO and President, IAR Systems.

Secure Thingz - www.securethingz.com

IAR Systems - www.iar.com