updated 04:30 pm EDT, Tue April 3, 2012
ARM, Gemalto, G&D team up on mobile security
Mobile device chipmaker ARM on Tuesday revealed it has partnered with smart card maker Gemalto and German tech firm Giesecke & Devrient to boost smartphone and tablet security on platforms like Android. The idea is to help speed up the development of a security standard for all devices that takes hardware and software into account. The standard could be used by parties such as banks for secure wireless payments (such as Google Wallet) as well as studios and other providers of video-on-demand content.
Users of the platform could range from banks developing mobile payment apps to Hollywood studios delivering video-on-demand, he said. Enterprise security would also benefit from the developments.
Each of the three companies involved in this venture could contribute patents, software, staff, and assets. Gemalto makes chips used in credit and debit cards, while G&D's technology is used in Qualcomm and Samsung chips in devices running on Android.
The new unit will be based in centers located in France, Munich, Helsinki, and Britain. It will employ about as much as 100 people and be headed up by Ben Cade, ARM's current head of secure services. Cade said ARM's been working with companies such as Mastercard.
He expects the newly-secured services may arrive as soon as this summer. The split will see ARM holding 40 percent, with the others commanding 30 percent each of the new company. How much each company is investing into the venture hasn't been revealed. [via Reuters]