(FinanceYahoo) AgilePQ, a software company providing highly advanced data security for the Internet of Things (IoT) and post-quantum computing, formally announced its acquisition of Centri, an IoT cybersecurity company known for technology that performs over-the-air retrofits of existing devices.
Paul Clayson, AgilePQ’s chief executive officer said, “Centri and AgilePQ have been building different but complimentary world-class solutions for a market suffering from massive data breaches. This combination strengthens the solutions of each company in post-quantum cybersecurity technology and expands our experienced and talented team of security engineers. The core Centri technology particularly aids our delivery in providing end-to-end security for mobile network operators using a variety of cellular and wireless protocols to connect IoT devices.”
According to Michael Mackey who came to AgilePQ in the acquisition and now serves the company’s chief technology officer, “While robust, Centri’s technology was based on legacy encryption that will become increasingly vulnerable in the future and which already cannot fit on resource constrained IoT devices. And we were not alone. We see companies of all sizes relying on last century’s secure methods to protect themselves as we enter the era of quantum computers. AgilePQ offers a solution that is as elegant as it is powerful. With an incredibly small footprint that allows it to fit on any device and provide post-quantum protection it will define the future of security. We now deliver fully encrypted, post-quantum security to the smallest of IoT devices (Class 0-2 devices). We can deploy on a SIM card, as a direct software integration, embedded in a processor or through other delivery methods.”