EINDHOVEN, Netherlands, March 10, 2015 — NXP Semiconductors N.V. (Nasdaq:NXPI) today announced that it will acquire Athena SCS Ltd., a provider of solutions securing the rapidly expanding connected world. The acquisition will further strengthen NXP’s offering in providing secure solutions across a multitude of applications in the areas of Internet of Things (IoT), Industry 4.0, Automotive and Identification.
“Athena has demonstrated a clear aptitude for developing leading-edge embedded software and cryptography in a wide variety of secure connectivity solutions. This expertise and knowledge complements NXP’s focus on creating secure connections for a smarter world, further strengthening our ability to provide our customers with a complete range of solutions for their particular needs,” said Steve Owen, executive vice president, sales & marketing, NXP Semiconductors. “With security becoming an intrinsic part of many new applications, it’s important to continually enhance and strengthen our offering. Additionally, the acquisition of Athena enables us to quickly capture opportunities in new and developing markets.”
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy, and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 31,000 employees in more than 33 countries and posted revenue of $9.5 billion in 2016. Find out more at www.nxp.com.
NXP, JCOP, SmartMX and the NXP logo are trademarks of NXP B.V. Java and Java Card are registered trademarks of Oracle and/or its affiliates. All other product or service names are the property of their respective owners. All rights reserved. © 2017 NXP B.V.
About Athena SCS
Athena SCS develops state of the art Java Card and Native smart card products for the smart card ID, Government, Enterprise and Payment markets. Athena develops advanced smart card reader/writers and smart card development kits. The Athena website provides information abouth smart card readers, smart cards, and product and company news
Forward-looking Statements
This document includes forward-looking statements which include statements regarding NXP’s business strategy, financial condition, results of operations and market data, as well as other statements that 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. Readers are cautioned not to place undue reliance on these forward-looking statements. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after NXP distributes 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 NXP’s SEC filings. Copies of NXP’s SEC filings are available from the SEC website, www.sec.gov.
CONTACT: NXP SemiconductorsEurope: Jens Stuhr
+49 (0) 170 7807409
jens.stuhr@nxp.com
Greater China / Asia: Esther Chang
+886 2 8170 9990
esther.chang@nxp.com
Americas: Hillary Cain
+1 408 518 5227
hillary.cain@nxp.com
Related Products
Related Articles
Infineon and Tribe join hands to strengthen Singapore’s Blockchain Ecosystem
SINGAPORE, Nov. 4, 2020 -- Infineon partners with Tribe, the first Singapore Government supported blockchain ecosystem builder, which brings together government agencies, corporates and blockchain companies to foster innovation and collaboration. Infineon will provide its longstanding industry expertise in hardware
NXP, Mastercard, and Xiaomi Expand Global Reach for Mobile Payments into Europe
July 18, 2020 -- NXP Semiconductors (NASDAQ:NXPI), Mastercard, and Xiaomi Inc. today announced they are bringing more convenient and secure contactless experiences to Russia as the first phase of a European-wide roll-out with NXP's mobile wallet solution. Powering mobile payments for
STMicroelectronics and Fingerprint Cards Cooperate to Develop and Launch an Advanced Biometric Payment Card Solution
Geneva, Switzerland and Göteborg, Sweden, July 9, 2020 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has teamed with world-leading biometric company Fingerprint Cards AB (Fingerprints) to develop an advanced Biometric System-on-Card
SECORA™ ID S: highest security and flexibility for region-specific electronic ID cards and eGovernment solutions
Munich, Germany – 17 June 2020 – With SECORA™ ID, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) offers an easy-to-integrate security platform for contactless digital ID documents. The first product variant, SECORA™ ID S, is a particularly flexible, Java
STMicroelectronics Unveils Secure Cellular-Connectivity Offering for Industrial IoT and Automotive Applications
Geneva, February 6, 2020 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, in collaboration with trusted partners, has created a complete ecosystem for securely connecting Industrial IoT (IIoT) and automotive systems to
GlobalPlatform Brings IoT Security to Nuremberg with SE IoT Technical Workshop
January 21, 2020 -- Able Device -- GlobalPlatform, the standard for secure digital services and devices, alongside prime sponsor Oracle and supporting sponsors STMicroelectronics and Able Device, is hosting a free technical workshop in Nuremberg on Thursday February 27, 2020. The full day