IAR Systems expands its equity stake in Secure Thingz
Uppsala, Sweden – November 7, 2017 – IAR Systems hereby announces that the company has signed an agreement to expand its equity share in Secure Thingz, a supplier of advanced security solutions for embedded systems in the Internet of Things (IoT), from 10 to 20 percent. In April 2017, IAR Systems supplemented its data security product portfolio by acquiring a 10-percent equity stake in Secure Thingz. The agreement also entailed a possibility for IAR Systems to expand its stake in the company. In November 2017, IAR Systems decided to exercise this possibility and signed an agreement to