INSIDE Secure NFC patents licensed to smartphone manufacturer LG
First license signed by France Brevets and NFC Technology, LLC under the NFC licensing program with INSIDE Secure and Orange
Aix-en-Provence, France, August 18, 2014 – INSIDE Secure (Euronext Paris: INSD), a leader in embedded security solutions for mobile and connected devices, today announced that France Brevets and NFC Technology, LLC have signed a worldwide royalty-bearing Near Field Communications (NFC) patent license with LG Electronics, Inc. (LG).
This NFC patent license with LG is a first success of France Brevets and NFC Technology, LLC under the NFC Patent Licensing Program that includes INSIDE Secure NFC patents and is managed by France Brevets.
This agreement is well in line with INSIDE Secure’scontinuedstrategy to focus on high added value embedded security solutions for mobile and connected devices while having the value of its patents recognized by the market.
Full financial details of the license agreement are not disclosed.
“This transaction with LG is an important step for the NFC Patent Licensing Program and does confirm the strength and expertise of France Brevetsand NFC Technology, LLC to license intellectual property assets.” said Remy de Tonnac, CEO of INSIDE Secure.
About INSIDE Secure
INSIDE Secure (Euronext Paris FR0010291245 – INSD.PA) providescomprehensive embeddedsecurity solutions. World-leading companies rely on INSIDE Secure’s mobile security and secure transaction offerings to protect critical assets including connected devices, content, services, identity and transactions. Unmatched security expertise combined witha comprehensive range of IP, semiconductors, software and associated services gives INSIDE Secure customers a single source for advanced solutions and superior investment protection.
For more information, visit http://www.insidesecure.com.
About NFC Patent Licensing Program
France Brevets manages and leads the efforts under the NFC Licensing Program in Europe, Asia, Africa and South America. France Brevets’ affiliate, NFC Technology LLC, leads the NFC Licensing Program in the United States. The NFC Patent Licensing Program gives NFC-enabled device manufacturers access to the patents of INSIDE Secure, a leader in embedded security solutions for mobile and connected devices, and the NFC patents of Orange, which include both essential and implementation-specific approaches for NFC, and also other patents acquired by France Brevets and NFC Technology, LLC. The licensing program addresses multiple categories of NFC device manufacturers, such as those making smartphones, feature phones, tablets, laptops, desktop computers, TVs, and smart meters which will offer a wide range of services such as mobile payment, transit, access control, customer retention programs and also ticket office.
|
Related News
- INSIDE Secure chosen by leading Smartphone manufacturer To Power NFC Services with a major open operating system platform
- Leading Global Mobile OEM, Yulong Coolpad, Selects Inside Secure to Protect Flagship Android Smartphone
- INSIDE Secure closes agreement with Intel on new NFC technology and IP license
- INSIDE Secure to sign a new NFC technology and IP license agreement with Intel
- Inside Secure Launches its First Secure Element
Breaking News
- JEDEC® and Industry Leaders Collaborate to Release JESD270-4 HBM4 Standard: Advancing Bandwidth, Efficiency, and Capacity for AI and HPC
- BrainChip Gives the Edge to Search and Rescue Operations
- ASML targeted in latest round of US tariffs
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- Creonic Unveils Bold Rebrand to Drive Innovation in Communication Technologies
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- AMD Achieves First TSMC N2 Product Silicon Milestone
- Why Do Hyperscalers Design Their Own CPUs?
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- New TSN-MACsec IP core for secure data transmission in 5G/6G communication networks
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |