Wave may have been developing before the TPM 1.2 (open and programmable chip) with the Embassy Chip, but it still seems like Wave Software developed for the Trusted Client could be used for the TPM 1.2 and 2.0 since they are open and progammable. And with a Wave/Intertrust agreement it seems that Wave could have a big leg up on secure DRM that the market would want to use now (in light of my previous post).
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