EU approves push to get the unknown security in ARM chips into use

The European Commission has approved the creation of a new secure-element company backed by ARM, Gemalto and Giesecke & Devrient, just as long as ARM promises to keep its hardware open.

The new company will develop and sell products running software from G&D and Gemalto on the TrustZone element embedded in ARM chips, complete with management software, but the EU required promises from ARM that it wouldn’t unfairly lock out competitive offerings.