Sequans Communications | January 06, 2022
Sequans Communications S.A., a leading provider of cellular IoT chips and modules, announced today an expansion of its existing 4G/5G licensing agreements with Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, granting special rights to Renesas that strengthen the go-to-market opportunities for Sequans' LTE-M/NB-IoT Monarch 2 and Taurus 5G platforms. In particular, by building on Renesas' extensive sales, distribution and customer support capabilities, the deal allows Sequans to expand its serviceable addressable market to India. Additionally, Renesas will take a small equity stake in Sequans, and Renesas' Executive Vice President and Head of IoT and Infrastructure business unit, Dr. Sailesh Chittipeddi, will be nominated for election to the Sequans board of directors at the June 2022 shareholder meeting. The combined value of the business agreements and the equity investment, which is expected to close by January 14, 2022 subject to customary closing conditions, is approximately $20 million.
These multi-year agreements are designed to allow Sequans and Renesas to achieve several mutually beneficial goals. First, the agreements provide better control of manufacturing and product cost, which is especially important given the current supply challenges. Second, the agreements reinforce the joint product offerings and expand market opportunities. Third, the equity stake and board seat facilitate management alignment to strengthen the partnership and make the joint business successful.
"We are pleased to further strengthen our relationship with Renesas with both the LTE-M/NB-IoT and 5G businesses, as well as the opportunity to add Dr. Chittipeddi to the Sequans board. The expanded agreements reinforce our sales strategy and provide access to numerous new opportunities with a unique competitive solution while allowing us to leverage Renesas' strong global brand and manufacturing advantages."
Georges Karam, CEO of Sequans
"Renesas values Sequans' comprehensive cellular IoT offering, which brings our global customers and us advanced 4G/5G IoT capabilities that can address the broadest scope of applications and develop new markets with unique needs," said Dr. Sailesh Chittipeddi. "Our deepening collaboration with Sequans enhances our global presence with best-in-class cellular IoT solutions."
Sequans Communications S.A. is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, South Korea, and China.
Essence Group | December 29, 2021
Essence Group, a leading technology group developing IoT-based security, safety and healthcare solutions and cloud services for homes, families and businesses, today announced it was able to meet the vast majority of customer orders for its connected security and senior care devices and systems throughout 2021.
Success was achieved due to Essence's strategic partnerships with component suppliers and chip manufacturers, its ability to predict and forecast requirements and place advanced orders according to these models, and the company's strong purchasing power. The robust management of Essence's supply chain mitigated the global disruption caused by the ongoing COVID-19 pandemic and ensured the continued supply of products to all of its customers.
"In March 2021, Essence released a statement describing our proactive resilience and detailed business planning, which ensured minimal interruption to supply during 2020," said Hagai Enoch, COO of Essence Group. "We are proud that this has continued throughout 2021, helping us to greatly exceed market expectations."
Throughout 2021, Essence was able to continually source the required items and maintain production levels, resulting in a 99.5% on-time delivery rate to its partners across the United States, Europe, Latin America and Asia-Pacific. The continuity of supply enabled Essence customers to continue to support end users successfully and without any disruption.
"The supply chain disruption forms part of the widescale resources challenges that affected global production, business investment and labor during 2021 and will likely continue well into 2022. Our strategic planning and decisions made early in the pandemic relieved these problems and will help us to continue meeting customer demands. Our supply chain management with strategic suppliers will ensure we are able to maintain delivery of products to customers in order to generate revenues and maintain constant growth year over year."
Dr. Haim Amir, CEO and Founder of Essence Group
About Essence Group
Essence Group is a global technology leader with a mission to develop and deploy innovative, cloud-based, end-to-end security and healthcare solutions, underpinned by supporting services, that provide peace of mind to users. For over a quarter of a century, Essence has challenged convention by making care and safety both accessible and affordable. With over 75 million connected devices deployed worldwide, Essence helps people to live safer and more independent lives.
Axiros | January 12, 2022
Telecommunications software leader Axiros is pleased to announce its newest release of AXESS 4.0. The company offers a wide variety of open device management software solutions for large broadband and telecommunications service providers through on-premise and cloud-based programs.
The Axiros AXESS ACS (Auto Configuration Server) is an industry flagship software application used around the world by premier telecommunications and broadband service providers. It allows state of the art management of customer premises equipment (CPE) with Broadband Forum-compliant CWMP (TR-069), User Services Platform (USP) (TR-369) and other open management protocols. AXESS enables highly flexible and scalable interactions with a large number of devices, like configuration and reconfiguration, mass operations including firmware downloads, fault clearance and general real-time subscriber support.
"The new architecture of our device management platform reinforces the technological leadership of Axiros in the area. It will introduce massive benefits to our installed base but also open new opportunities and markets for the future. It empowers our customers to overcome the most complex device management challenges. It is nothing less than the brain and nerve center for IoT ecosystems and telecom operational support systems (OSS). Built and designed for carrier-class use cases around business-, service-, network- and element management."
Michael Meister, Product Owner AXESS
This major release introduces the most significant improvements for AXESS in many years. It offers the following new features:
Asynchronous architecture for various southbound and northbound use cases
Support of cloud native approach by all components
New concept to manage project configuration and customization
New user interfaces for all administrative tasks
Full USP support
Any Device. Any Protocol. Any Service. Any Time. We Manage All THINGS.
Axiros is a global leader in IoT, M2M, TR-069 and device management, providing software solutions and platforms to service providers and equipment manufacturers worldwide to manage and IoT-ize devices. Founded in 2002 and headquartered in Munich, Axiros has sales and service offices and development centers worldwide, so as needs change, Axiros will always be close by to deliver.
Zimperium | December 17, 2021
Zimperium, the global leader in mobile security, and Intertrust, the pioneer in trusted computing and digital rights management (DRM) technology, today announced a partnership to provide end-to-end security and data management for IoT devices, apps and media services operating in Zero Trust environments. Under the terms of the partnership, Intertrust will offer Zimperium's Mobile Application Protection Suite (MAPS) to its Intertrust Platform™ and Intertrust ExpressPlay® customers.
The Zimperium-Intertrust partnership completes our offering of the world's best end-to-end secure data operations and rights management solution, with bulletproof endpoint technology.We're proud to partner with the world leader in this space and look forward to delivering robust end to end solutions to our customers"
Talal Shamoon, Intertrust's Chief Executive Officer
Intertrust Platform is a breakthrough product that provides trusted interoperable data operations for business ecosystems. It also connects to authenticated IoT devices and apps, creating a circle of trust between clouds and devices. ExpressPlay Media Security Suite offers a number of innovative content protection services including ExpressPlay DRM, a cloud-based multi-DRM service. Zimperium's revolutionary security technology creates a protected processing environment on devices and sensors that lowers the risk of malicious tampering and signals when an attack is taking place. The combination gives enterprises and media service providers alike access to trusted data ecosystems and a high level of assurance that devices and apps in the Zero Trust environments they work with are highly resistant to hacks that can cause major disruptions or inappropriate access to data.
Intertrust provides software and services to major corporations globally and is offering MAPS to its current and future customers immediately.
Zimperium provides the only mobile security platform purpose-built for enterprise environments. With machine learning-based protection and a single platform that secures everything from applications to endpoints, Zimperium is the only solution to provide on-device mobile threat defense to protect growing and evolving mobile environments. Zimperium is headquartered in Dallas, Texas and backed by Warburg Pincus, SoftBank, Samsung, Sierra Ventures and Telstra.
Intertrust provides trusted computing products and services to leading global corporations–from mobile, consumer electronics and IoT manufacturers, to service providers and enterprise software platform companies. These products include the world's leading digital rights management (DRM) and technologies to enable private data exchanges for various verticals including energy, entertainment, retail/marketing, automotive, fintech, and IoT. Founded in 1990, Intertrust is headquartered in Silicon Valley with regional offices in London, Tokyo, Mumbai, Bangalore, Beijing, Seoul, and Tallinn. The company has a legacy of invention, and its fundamental contributions in the areas of computer security and digital trust are globally recognized. Intertrust holds hundreds of patents that are key to Internet security, trust, and privacy management components of operating systems, trusted mobile code and networked operating environments, web services, and cloud computing.