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

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

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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.

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