ARM joint venture seeks common security standard for connected devices

ARM is setting up a joint venture with security technology companies Gemalto and Giesecke & Devrient to arrive at a common security standard for connected devices such as tablets, smart-TVs, games consoles, and smartphones, the company said Tuesday.

The Cambridge, U.K. company, which holds a dominant share of processors that go into smartphones, said it will hold 40 percent of the joint venture with the other partners holding 30 percent each.

Security is critical for companies that wish to do business over connected devices, ARM said in a statement. Read more...