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Microsemi and Thales e-Security Announce Hardware Security Module Reseller Agreement to Protect Customer RevenueALISO VIEJO, Calif., Nov. 10, 2015 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it has signed a reseller agreement with Thales e-Security. Using Thales e-Security nShield hardware security modules (HSMs), custom firmware and the state-of-the-art security protocols built into every Microsemi SmartFusion™2 system-on-chip (SoC) field programmable gate array (FPGA) and IGLOO™2 FPGA, customers can automatically prevent overbuilding of their systems in any manufacturing facility anywhere in the world, saving millions of dollars in lost revenue. Thales nShield HSMs in combination with custom firmware running on the nShield generates a unique authorization code for each SmartFusion2 or IGLOO2 device. The authorization code can only be decrypted by the device for which it was generated. Within the HSM security boundary a device limit count is used to control the number of authorization codes generated and hence the number of systems built. This agreement, which makes Microsemi a certified reseller of Thales nShield HSMs, strengthens the relationship between Microsemi and Thales and extends the trusted supply chain assurance infrastructure used in-house to the end customer. Microsemi has been using Thales nShield HSMs as part of its manufacturing flow for SmartFusion2 and IGLOO2 devices to inject unique device IDs, device keys and x.509 device certificates. Allowing Microsemi customers to use the same HSMs in their manufacturing flow closes the loop on supply chain assurance. This enables the company's customers in the communications, industrial and defense markets to trust that their deployed systems are authentic and utilized precisely as planned. Overbuilding prevention is now completely automated. "Our relationship with Thales allows us to combine our companies' security technologies and provide our customers the highest levels of protection to safeguard their intellectual property, products and revenues from today's evolving threats," said Shakeel Peera, senior director of FPGA/SoC marketing for Microsemi. "This new offering builds upon our existing hardware security module manufacturing infrastructure by allowing customers to securely program their unique key material and designs into a fixed number of SmartFusion2 SoC FPGAs and IGLOO2 FPGAs even in untrusted locations." The U.S. Chamber of Commerce estimates that intellectual property (IP) threats cost domestic companies more than $250 billion per year in lost revenues. Hardware security modules effectively remove the vulnerability posed by insiders, particularly those within manufacturing locations, enabling offshore manufacturing without threat of overbuilding, cloning or reverse engineering—or incorporating classified data during non-classified manufacturing—while maintaining confidentiality of the sensitive data and preventing tampering such as insertion of a Trojan horse. A hardware security module is a tamper-resistant device designed to generate keys securely, encrypt FPGA bitstreams in a secure environment, facilitate the use of customer owned sensitive key material and execute standard and custom algorithms requiring the use of protected keys. "Partnering with innovative companies like Microsemi enables Thales to apply our cumulative decades of experience in practical cryptographic techniques to securing the backbone components of the Internet of Things," said Cindy Provin, president of Thales e-Security, Inc. "As a world class provider of powerful, flexible hardware based cryptographic solutions, Thales looks forward to joining Microsemi in developing and deploying sophisticated cryptography that solves security problems at the heart of the advanced digital supply chain." Applications that can benefit from Thales e-Security hardware security modules include any FPGA-based system that may be at risk for overbuilding, including core routers, switches, small cells, remote radio heads, factory automation, process control, smart small form-factor pluggables (SFPs), programmable logic controllers (PLCs), secure communications, missile systems, and defense equipment targeted at foreign military sales (FMS). About Thales' Hardware Security Modules Availability About Microsemi's SmartFusion2 SoC FPGAs About Microsemi's IGLOO2 FPGAs About Microsemi's Defense and Security Product Portfolio About Microsemi Microsemi and the Microsemi logo are registered trademarks or service marks of Microsemi Corporation and/or its affiliates. Third-party trademarks and service marks mentioned herein are the property of their respective owners. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements to it signing a reseller agreement with Thales e-Security, and the potential effect of the foregoing on future business, are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, such factors as rapidly changing technology and product obsolescence, potential cost increases, variations in customer order preferences, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, adverse circumstances in any of our end markets, results of in-process or planned development or marketing and promotional campaigns, difficulties foreseeing future demand, potential non-realization of expected orders or non-realization of backlog, product returns, product liability, and other potential unexpected business and economic conditions or adverse changes in current or expected industry conditions, difficulties and costs of protecting patents and other proprietary rights, inventory obsolescence and difficulties regarding customer qualification of products. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in the company's most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances. Logo - http://photos.prnewswire.com/prnh/20110909/MM66070LOGO
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