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Topic “Inside Secure”

LG Licenses NFC Patents from Inside Despite NXP Suit Calling Patents Invalid

Aug 19 2014 (All day)

LG Electronics has signed a global licensing deal for NFC technology patents from Inside Secure, an initial win for Inside and its strategy to try to cash in on its NFC IP.

Inside Sees First-Half Revenue Fall, but Says Strategic Shift on Track

Aug 5 2014 (All day)

France-based Inside Secure reported a 9% drop in revenue in the first half, which it blamed on the end of shipments of NFC chips to BlackBerry and lower sales of “legacy” EMV chips to Europe.

Inside Secure Acquires Security Vendor Metaforic with Eye Toward Host-Card Emulation Market

France-based Inside Secure has acquired encryption and software security company Metaforic in a cash deal worth at least $11.6 million, which Inside Secure says will help equip it to offer security services for host-card emulation-based mobile payments.

Intel Buys Inside Secure’s NFC Modem Technology; Expands License of Inside's NFC Patents

Apr 2 2014 (All day)

Inside Secure is selling its next generation NFC controller technology to chip maker Intel, as well as an expanded license, for $19.2 million, though will keep most of its NFC patents and embedded chip technology.

Inside Secure Improves Earnings; Writes Off NFC Chip Inventory

France-based Inside Secure reported smaller operating losses for 2013, though mainly on an adjusted basis, and wrote off $3.6 million in NFC controller chips it had on hand as it continues to exit the market for the chips.

Inside Modifies Corporate Structure, as It Continues to Pull Back from NFC Controller Market

NFC Times Exclusive: Inside Secure has reorganized its business units, as it continues to refocus its strategy toward embedded security while pulling back from the NFC controller market.

Inside to Support Mifare on New Embedded Chip without License; Will NXP Try to Stop It?

NFC Times Exclusive: Chip supplier Inside Secure plans to support Mifare Classic on its new embedded secure element for NFC phones and contends it does not need a license from Mifare owner NXP Semiconductors because the technology is in the public domain. A representative of NXP warned against the move.

Inside Secure Shows Signs of Turning Corner; Reduces Focus on NFC Modem Chips

France-based chip supplier Inside Secure cut its operating losses during the first half, as it continues its transition to offering more security products and moving away from its past emphasis on contactless and NFC controllers.

Inside Reports NFC Revenue Down Sharply in First Quarter; Some Recovery Expected in Q2

France-based chip supplier Inside Secure today reported a sharp decline in its revenue in the first quarter from its NFC chips, blaming the situation on excess inventories of NFC chips on hand by its main customer BlackBerry.

Inside Secure to Cut up to 20% of Its Workforce To Stem Losses

Mar 7 2013 (All day)

France-based NFC chip supplier Inside Secure said it would cut up to 20% of its global workforce following the loss of more than $30 million in 2012.

HEADLINE NEWS

Apple Announces Bold Move into Mobile Payments Using NFC Technology

Sep 9 2014 (All day)

Apple, as predicted, is taking the NFC plunge, adopting the technology in its next iPhones and Apple Watch to enable a mobile-payments service, Apple Pay, and disclosing partnerships with the three largest U.S. payment networks, issuers representing more than 80% of U.S. credit card volume and major national merchants.

OTI Names Reader Customers; Discusses Wave Pilots; Possible iPhone Impact

NFC Times Exclusive: Ofer Tziperman, CEO of Israel-based NFC reader maker OTI, has named two of its largest reader customers in the North American market in an interview with NFC Times.

NFC Tags with I²C Interface Could Allow More Complex Device Pairing

NXP Semiconductors said its NTAG I²C tags, which combine an NFC Forum Type 2 NFC tag with an IC contact serial interface, will allow more complex device interfaces between smartphones and consumer electronics, such as home appliances, wearable devices, and health and fitness monitors

Canada’s Desjardins Expects Gradual Adoption of New SIM-Based NFC Payments; Interested in HCE

Quebec-based credit union Desjardins says that it expects gradual, or what it calls “progressive,” adoption of the SIM-based NFC mobile payments service, which it launched commercially this week, following an earlier soft launch.

Your Preview of Apple’s NFC Launch: Yes to SE, No to HCE, Tag Reading Unlikely

NFC Times Exclusive: Apple’s scheduled announcement Tuesday of its next iPhone is expected to make it the last and also the most prominent of the major smartphone makers to adopt NFC.

Isis and MCX Announce New Brands as Apple's Planned Mobile-Payments Service Looms

The telco-owned joint venture behind the Isis Wallet announced a new name for the wallet, while the merchant-led MCX consortium finally released its consumer-facing brand and a timeframe for a planned rollout, as the U.S. mobile-payments landscape heats up.

Gemalto Reports Lackluster First Half Though Notes Strong TSM Revenue Growth

Gemalto reported flat revenue and a drop in profit for the first half of 2014, though noted that sales for its TSM and NFC SIM business were strong, and its EMV card business in the U.S. was ramping up.

LG Licenses NFC Patents from Inside Despite NXP Suit Calling Patents Invalid

Aug 19 2014 (All day)

LG Electronics has signed a global licensing deal for NFC technology patents from Inside Secure, an initial win for Inside and its strategy to try to cash in on its NFC IP.

Contactless Reader and NFC Vendor OTI Reports Higher Sales

Israel-based On Track Innovations reported new orders for its NFC and contactless readers in North America, along with the first shipments of its NFC-enabled Wave attachment, driving higher revenue, though the vendor’s quarterly losses continued.

Identiv Reports Higher Revenue; NFC a Key Driver

U.S.-based Identiv reported higher revenue and narrowed losses for the second quarter, predicting a breakeven or positive result by the end of the year, as the company’s restructuring program draws to a close.

Gemalto Plans to Acquire SafeNet; Gives Vendor Network Security; Possible HCE Technology

France-based Gemalto has announced plans to acquire U.S.-based data security firm SafeNet in a cash and debt deal worth $890 million, its biggest acquisition since Gemalto was created in 2006 with the merger of what was then the two largest smart card companies, Gemplus and Axalto.

Inside Sees First-Half Revenue Fall, but Says Strategic Shift on Track

Aug 5 2014 (All day)

France-based Inside Secure reported a 9% drop in revenue in the first half, which it blamed on the end of shipments of NFC chips to BlackBerry and lower sales of “legacy” EMV chips to Europe.