Wave Systems Corp. (fka WAVXQ)

[lugan]

Wave has deep roots with Nat'l. Semi.
Hopefully the relationship will carry through to the merged entity:

The story goes that Peter Sprague, while the head of National Semiconductor (a job he held for some 30 years, and took them from the pink sheets to a multi-billion dollar global company), came up with the idea for a digital meter. He reasoned that digital bits were like electricity in the beginning; i.e. they could get it to your house, but didn't know how to charge for it. He thought the idea so revolutionary, that he patented the idea outside of NSM, and formed a company around it. The premise was that somehow OEM's would include the meter chip in every computer, and Wave would get a small piece of every transaction that washed across it.
(IHub, #39194, 4/27/04)

2000 Aug 22, National Semiconductor to Develop Security Co-Processor to Support New Trusted Computing Platform Alliance Standard Using Wave Systems' Technology.
(IHub #68211, 2/4/05)
2002 Nov 18, Wave Systems, a developer of hardware solutions and services for secure and trusted Internet commerce, announced a complete suite of secure EMBASSY™ services for National Semiconductor’s TCPA compliant SafeKeeper™ technology used in its PC21100 trusted platform module (TPM) and software stack. Wave’s solution, when combined with National’s SafeKeeper technology, provides servers, and desktop PC and mobile PC platforms, with a suite of secure services. This suite of services adds value and new revenue opportunities, through the sale of the suite of service solutions, to the PC platform, while providing enhanced security and privacy options for consumers.
(IHub, #22302, 12/8/03)
2003 Mar 28, Wave Systems and National Semiconductor Approve Licensing Agreement on Hardware and Software Solution for Trusted Computing Platforms.
(http://www.unclever.com/wavx/DD.htm)
2004 Oct 26, Wave Systems Corp. today reported growth in new contract activity and reviewed its results for its third quarter and nine months ended September 30, 2004. During the third quarter ended September 30, 2004, Wave completed license contracts amounting to $340,000, to be recorded as revenue over future periods. Wave's Q3 2004 net revenue was $44,000, compared to revenue of $80,000 principally related to development service contracts and license contracts in the third quarter ended September 30, 2003. Wave concluded a revised agreement in September to have its technology embedded in National Semiconductor's
Trusted Platform Module products that also include the new trusted computing integrated solution, the IOKeeper(R) Trusted Platform Module. As a part of the agreement Wave receives a license fee and a per unit royalty.
(IHub #56080, 10/26/04)