tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tern Plc’s Device Authority Joins Forces with Microsoft and CyberArk for IoT Security

Story Highlights
Tern Plc’s Device Authority Joins Forces with Microsoft and CyberArk for IoT Security

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Tern plc ( (GB:TERN) ).

Device Authority, a company partially owned by Tern Plc, has partnered with Microsoft and CyberArk to develop a secure IoT solution for the manufacturing industry. This collaboration aims to address the growing security challenges in IoT infrastructure by leveraging the NIST framework, offering manufacturers a comprehensive security architecture that enhances device management and operational resilience.

More about Tern plc

Tern Plc is an investment company focused on supporting high-growth, early-stage, disruptive Internet of Things (IoT) technology businesses. Device Authority, in which Tern holds a 25.3% equity stake, is a leader in Identity and Access Management for IoT, serving sectors such as automotive, medical devices, and industrial IoT.

YTD Price Performance: -14.29%

Average Trading Volume: 3,190,128

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £6.53M

Find detailed analytics on TERN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1