IAR Systems acquires Secure Thingz
IAR Systems has entered into a share sale and purchase agreement to acquire 100 percent of the shares in Secure Thingz a provider of advanced security solutions for embedded systems in the Internet of Things. With the acquisition, IAR Systems secures its position as a frontrunner in offering solutions for security in embedded systems.
Founded in 2016, Secure Thingz develops and sells products and services for implementation of embedded security in connected devices. The company has provided security solutions for the development platform Renesas Synergy Platform through its Secure Deploy platform offerings, which is developed in order to solve the major security challenges faced by companies developing for the IoT.
In February 2018, the product Embedded Trust has been launched. Developed in partnership between IAR Systems and Secure Thingz, Embedded Trust enables secure development and makes security part of the development workflow. Embedded Trust enables companies to safeguard intellectual property against overproduction and counterfeiting, manage software updates in a robust way, and protect end users from malware intrusion and theft or loss of data.