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Inside Secure pays $10m for 11-person SypherMedia

French security specialist Inside Secure has snapped up California-based secure semiconductor design company SypherMedia International, as it looks to build on momentum which saw its licensing segment soar 296% in the last quarter. It will inherit SypherMedia’s root of trust technologies to bolster its existing presence in TV and mobile, as well as help its expansion effort into emerging markets including IoT, automotive and anti-counterfeiting – saying the acquisition is focused on addressing a market opportunity of more than $400 million in 2020 as security shifts from dedicated chips into integrated solutions. Interestingly, only last year Inside Secure sold off its semiconductor business to Swiss cybersecurity firm WISeKey for $13.2 million, as part of the company’s repositioning to focus on…

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