Agreement aims to accelerate adoption of mobile contactless services
AMSTERDAM & EINDHOVEN, The Netherlands, Thursday, November 25th 2010 [ME NewsWire]:
(BUSINESS WIRE)-- NXP Semiconductors N.V. (Nasdaq: NXPI) and Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announced a global strategic licensing agreement for NXP’s MIFARE™ technology, enabling Gemalto to integrate MIFARE into its UICC cards. This cooperation aims at spurring the usage of NFC mobile devices in the MIFARE infrastructure, therefore accelerating worldwide deployments of mobile contactless services.
The agreement enables Gemalto to complement its existing NFC application portfolio with MIFARE DESFire™ and MIFARE Plus™ technology for its UICC security solutions. As a result, mobile operators and service providers will be able to offer a broad range of mobile contactless services thanks to the widened availability of UICC cards incorporating MIFARE.
This is the most widespread contactless technology worldwide and provides high levels of performance, flexibility and security in public transportation, access management, event ticketing and customer loyalty programs.
“MIFARE is already at the heart of contactless infrastructures around the world,” said Henri Ardevol, vice president and general manager, secure transactions, NXP Semiconductors. “We are proud to collaborate with Gemalto to offer the convenience of this technology to a new target of 5 billion mobile phone users.”
“Adding the MIFARE capability to Gemalto’s NFC application portfolio is key for the mass deployment of mobile contactless,” added Rémi de Fouchier, senior vice president, Trusted Services Management, Gemalto. “We are enthused that more and more consumers around the world will enjoy the simplicity and convenience of waving their mobile phone for couponing and stored value payment and transport services.”
This expansion of the MIFARE licensing program further underscores the leadership of this technology as an open architecture platform for end-to-end solutions in both smart cards and smart devices such as mobile phones. In addition to this latest license for SIM cards, NXP has licensed MIFARE technology to various chip manufacturers, while hundreds of manufacturers supply MIFARE reader terminals and smart cards.
About NXP Semiconductors
NXP Semiconductors N.V. (Nasdaq: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. Headquartered in Europe, the company has approximately 28,000 employees working in more than 25 countries and posted revenue of US$ 3.8 billion in 2009. For more information, visit www.nxp.com
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is the world leader in digital security with 2009 annual revenues of €1.65 billion, and over 10,000 employees operating out of 75 offices, with research and service centers in 41 countries.
Gemalto is at the heart of our evolving digital society. The freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere—has become an integral part of what people want and expect, in ways that are convenient, enjoyable and secure.
Gemalto delivers on the growing demands of billions of people worldwide for mobile connectivity, identity and data protection, credit card safety, health and transportation services, e-government and national security. We do this by supplying to governments, wireless operators, banks and enterprises a wide range of secure personal devices, such as subscriber identification modules (SIM), Universal Integrated Circuit Card (UICC) in mobile phones, smart banking cards, smart card access badges, electronic passports, and USB tokens for online identity protection. Moreover Gemalto delivers on emerging applications related to the ‘Internet of things’ by supplying wireless modules and machine identification modules (MIM) for machine-to-machine communication. To complete these solutions we also provide software, systems and services to help our customers achieve their goals.
As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years.
NXP - Forward-looking Statements
This document includes forward-looking statements which include statements regarding our business strategy, financial condition, results of operations, and market data, as well as any other statements which are not historical facts. By their nature, forward- looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include the following: market demand and semiconductor industry conditions, our ability to successfully introduce new technologies and products, the demand for the goods into which our products are incorporated, our ability to generate sufficient cash, raise sufficient capital or refinance our debt at or before maturity to meet both our debt service and research and development and capital investment requirements, our ability to accurately estimate demand and match our production capacity accordingly or obtain supplies from third-party producers, our access to production from third-party outsourcing partners, and any events that might affect their business or our relationship with them, our ability to secure adequate and timely supply of equipment and materials from suppliers, our ability to avoid operational problems and product defects and, if such issues were to arise, to rectify them quickly, our ability to form strategic partnerships and joint ventures and successfully cooperate with our alliance partners, our ability to win competitive bid selection processes to develop products for use in our customers’ equipment and products, our ability to successfully establish a brand identity, our ability to successfully hire and retain key management and senior product architects; and, our ability to maintain good relationships with our suppliers. In addition, this document contains information concerning the semiconductor industry and our business segments generally, which is forward-looking in nature and is based on a variety of assumptions regarding the ways in which the semiconductor industry, our market segments and product areas will develop. We have based these assumptions on information currently available to us, if any one or more of these assumptions turn out to be incorrect, actual market results may differ from those predicted. While we do not know what impact any such differences may have on our business, if there are such differences, our future results of operations and financial condition, and the market price of the notes, could be materially adversely affected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made; and, except for any ongoing obligation to disclose material information as required by the United States federal securities laws, we do not have any intention or obligation to publicly update or revise any forward-looking statements after we distribute this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our filings are available from our Investor Relations department or from the SEC website, www.sec.gov.
| For media enquiries, please contact: | ||||||||||
| ||||||||||
No comments:
Post a Comment