Samsung and Wave.
The Samsung Wave relationship as announced only provides the following:
Samsung: “Samsung will provide reliable, competitive trusted computing security chips for our customers.”
Wave: “…this move will empower partners and customers with new, silicon-based means to provide trusted hardware on numerous platform types in the coming years.”
Gartner: “With billions of handhelds, tablets and slates in the hands of today's workforce, ensuring that these devices are known and trusted within the organization is paramount.”
The same day report on securitystockwatch.com provides the following:
Wave: “We look forward to providing Samsung's OEM customers the ability to turn on, manage and leverage the Trusted Platform Module with Wave's software, to deliver stronger security for end-users and better protection for their critical data.”
Wave did put up the you-tube demo of a Samsung tablet excerting proximty control over a portable SED (bluetooth or NFC, I can’t recall) and Wave was involved with the Samsung-NFC exhibit at CARTES and Wave has stated that a focus of there will be in securing “communication”.
On the matter of potential revenue SKS was asked at the CC if Samsung could rival or eclipse Dell as a revenue source and the answer was ‘absolutely’.
Given the nature and direction of Samsung’s efforts, and given the nature and direction of Samsung-Wave demos, and given the size of ther Samsung market, I’m inclined to think that Samsung eclipsing Dell as a reveue source is extremely likely.
I consider myself a pessimist on most assertion of things = money for Wave. I can see in a long far off world where some of these things may be Wave-managed clients (Chromebooks, and pretty much and similar TPM platform), but I cannot assemble a meaningful speculation of Wave making any money off such things in the forseeable future.
That is not the case with Samsung. I expect with all reasonable likelihood for revenues from Samsung to be significant for Wave, the timeline being the difficulty. Product evolution in the mobile space is remarkably rapid, and Samsung has a proven ability to beat deadlines, arrive early, and exceed expectations. But that still doesn’t say when.
I'm thinking by the end of summer there should be more information that would allow the formatin of a better opinion, so with that said, I’m thinking the Wave-Samsung ramp starts sometime n 2013. This will not be a trivial matter in revenue terms.
I expect the clarity will arrive in the form of a royalty/bundling 8-k for actual commercial products.
The above content is my opinion.
