Wave Systems Corp. (fka WAVXQ)

[CEO_integrity]

Horseman?: "Need to know just HOW MUCH of Infineon's
software overlaps with ours/NTRU."

Is this not the more relevant question/need: How much is the Wave-IP-based-componant of the total TPM device/framework worth (i.e., according to the TCG, RAND licensing fee arrangement involving all participating entities) relative to the other contributing members' integrated TPM componants?

Is NOT this game about what can be monetized? and for HOW MUCH?

I believe, to get lost in how Wave's contribution fits -- which, presumably, we can assume it "fits" to the extent that it's been "adopted" in the TCG scheme -- is of diminished return at this point.

What matters now is how Wave will be remunerated for its contribution!

Horseman?: "How much security is offered clients with just the "the nuts and bolts" software of Infineon or IBM. Hmmm."

It is what[ever] it is; only when TCG spells out it's RAND policy details, will we know the answers you seek ... one caveat: NSM announces orders [from OEMs] for its Wave-imbued TPM, and NSM provides a schematic of what TPM componants/configurations are available