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Posted on March 2, 2020 by staff

Arm disposes of cybersecurity business

Arm disposes of cybersecurity business

Trustonic
Trustonic

Arm has sold its cybersecurity business Trustonic to private equity firm EMK Capital.

The Cambridge-based chip-making giant founded Trustonic, which develops security for mobile devices and apps, in 2012 as a joint venture with Dutch cybersecurity firm Gemalto.

Trustonic’s tech is used in more than two billion devices.

Recently valued at around £60m, Trustonic made a €8.6m pre-tax loss on revenue of €9.7m in 2018, the most recently available results.

EMK was founded by Conservative Party donor Edmund Lazarus in 2017 and recently acquired a majority stake in Williams Advanced Engineering.

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