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MarketScreener Homepage  >  Equities  >  Xetra  >  Infineon Technologies    IFX   DE0006231004

INFINEON TECHNOLOGIES (IFX)
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Infineon Technologies : OnBoard Security Joins the Infineon Security Partner Network

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11/07/2017 | 03:11pm CEST

(PRWeb) - OnBoard Security, a leader in securing the Internet of Things (IoT), announced today that it has joined the Infineon Security Partner Network (ISPN) to make industry-leading security readily available to the rapidly-growing number of connected devices and systems. The ISPN connects IoT manufacturers with OnBoard Security experts for connected and autonomous vehicle security, trusted computing middleware and quantum computing-resistant cryptography.

We are pleased to announce OnBoard Security has joined the Infineon Security Partner Network (ISPN) Joerg Borchert, Vice President of the Chip Card & Security Division, Infineon Technologies Americas. With this partnership, we can continue to provide more secure and easy to integrate automotive safety applications for the growing vehicle to vehicle (V2V) and vehicle to infrastructure (V2I) field.

OnBoard Security has adapted its Aerolink vehicle-to-everything (V2X) communications security software to work with Infineons Automotive Hardware Security Modules (HSM) and will support Infineons OPTIGA Trusted Platform Modules (TPMs) with its TrustSentinel TSS 2.0 middleware. OnBoard Security will also offer post quantum computing cryptography and digital signing solutions to Infineons customers.

Infineon is one of the leading semiconductor manufacturers for the IoT industry, said Peter Samson, President of OnBoard Security. TrustSentinel will allow customers to easily implement trusted computing using Infineons OPTIMA TPMs and bring a higher level of trustworthiness to connected devices.

About OnBoard Security

OnBoard Security, headquartered in Wilmington, MA, was created to help automotive and IoT organizations stay ahead of the curve through superior cybersecurity software and services.

For over 10 years, the world-renowned experts at OnBoard Security have been pioneering technologies that protect the Internet of Things, now and for the future. We address three significant challenges; ensuring the security and privacy of connected vehicles, accelerating the implementation of trusted computingand helping avoid the existential threat from quantum computers to the integrity of the internet.

The OnBoard Security ISPN page can be found here: https://www.infineon.com/cms/en/partner-network/Security-Network/Preferred-Security-Partners/onboard-security/

Security use cases using Infineon`s chips can be found here https://www.infineon.com/dgdl?fileId=5546d4625ee5d4cd015f29343e490349

and here: https://www.infineon.com/dgdl/Infineon-ISPN_Use_Case_OnBoard_Security_1_V3-ABR-v01_00-EN.pdf?fileId=5546d4625ee5d4cd015f2934332f0348

(c) 2017 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2018 7 569 M
EBIT 2018 1 349 M
Net income 2018 1 185 M
Finance 2018 930 M
Yield 2018 1,53%
P/E ratio 2018 17,79
P/E ratio 2019 18,11
EV / Sales 2018 2,60x
EV / Sales 2019 2,33x
Capitalization 20 625 M
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 26,5 €
Spread / Average Target 46%
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Reinhard Ploss Chief Executive Officer
Eckart Sünner Chairman-Supervisory Board
Jochen Hanebeck Chief Operating Officer
Dominik Asam Chief Financial Officer
Renate Köcher Member-Supervisory Board
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