ARM forms JV
This includes tablets, smart-TVs, games consoles and smartphones. All three companies are investing to accelerate adoption of a common security standard. The joint venture is subject to regulatory approval. ARM will own 40% of the joint venture, with Gemalto and Giesecke & Devrient each owning 30%.The new venture will focus on improving security for smart connected devices by developing a Trusted Execution Environment (TEE) based on the established ARM® TrustZone® security technology.