Tern PLC: DA Recognised as 2018 Emerging Star in IoT Security Market

7 August 2018

Tern Plc (the "Company", or the "Group")
 

DA Recognised as 2018 Emerging Star in IoT Security Market
 

Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to note today's announcement from its portfolio company, Device Authority ("DA"), the IoT security business in which Tern has a 56.8% holding.
 

DA has announced that it has been recognised as the 2018 Emerging Star in the global IoT Security Market by Quadrant Knowledge Solutions, a global advisory and consulting firm, in its recent study titled "Market Outlook IoT Security, 2018-2023, Worldwide". DA was named in the device identity management segment for its strong technology strategy performance and high industry impact.
 

Tern CEO, Al Sisto, said:
 

"We are pleased that DA has been recognised as the 2018 Emerging Star in the global IoT Security Market. Having recently launched KeyScaler as a Service, it's great to see the recognition DA is receiving within the IoT space."
 

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