Thales and Device Authority officially launch solution to secure the Connected Health industry
Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that Thales' healthcare IoT security solution, developed in conjunction with Tern's portfolio company Device Authority ("DA"), in which Tern has a 56.8% holding, has been officially launched by Thales.
The Company announced on the 22 June 2018 that Thales had commenced preliminary marketing of the healthcare IoT security blueprint, which integrates DA's KeyScaler platform with the Thales nShield Connect hardware security module, and the official launch represents the next step in Thales' sales strategy.
DA is forecasting for the Thales strategic partnership to start to contribute to revenues in 2018.
Tern CEO, Al Sisto, said: "This opens up a new revenue stream to DA in a market which clearly needs protection from cyber-attacks. The use of IoT in the healthcare industry is increasing and therefore I am delighted to see DA and Thales launching this technology to deliver effective protection to patients."
Tern Plc, (AIM: TERN), the investment company specialising in the Internet of Things (“IoT”), is pleased to announce that its management team will be attending the Mello 2019 investor conference taking place on 16 and 17 May 2019 at the Clayton Hotel Chiswick, Chiswick High Road, London, W4 5RY.
Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things (“IoT”), is very pleased to note today’s announcement from Device Authority (“DA”), the IoT security specialist in which it has a 56.8% holding, regarding a new strategic partnership and joint customer collaboration with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading information technology, consulting and business process services company.