ARM sets up common security standard for devices

http://en.wikipedia.org/wiki/ARM_Holdings

ARM is setting up a joint venture with security technology companies Gemalto and Giesecke & Devrient to arrive at a common security standard for connected devices such as tablets, smart-TVs, games consoles and smartphones, the company said Tuesday.

ARM which holds a dominant share of processors that go into smartphones, said it will hold 40 percent of the joint venture with the other partners holding 30 percent each.

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Story added 4. April 2012, content source with full text you can find at link above.