Broadcom, nCipher Partner on Encryption

nCipher plc (LSE:NCH), the leading provider of enhanced security for electronic transactions, and Broadcom Corporation (Nasdaq: BRCM), the leading provider of integrated circuits enabling broadband communications, today announced a strategic partnership to enable ContentAware™ networks to overcome the challenges of an increasingly encrypted Internet. This strategic agreement will provide equipment vendors and network architects access to best-in-class, high-performance Internet security infrastructure solutions.

Broadcom® and nCipher have joined forces to reconcile two of the most important trends in the Internet industry: the demand for high-performance, intelligent, ContentAware networking, and the need for higher levels of information security. The rise in cybercrime and concerns over privacy are triggering the increased use of encrypted traffic on the Internet, a trend that is in direct conflict with the latest techniques to manage Internet traffic flows. The cloak of secrecy provided by data encryption obscures the very information that intelligent traffic management devices are designed to inspect and analyze in order to make smarter switching, routing and caching decisions. As a result, networking equipment and application servers must combine fast cryptographic processing with uncompromising security management technologies. Organizations using industry-standard protocols including SSL (Secure Sockets Layer) for web browsing, IPSec for Virtual Private Networks (VPNs) and broadband networks based on cable modems can all benefit from this technology alliance.

Under the terms of the agreement a series of products will be developed that combine Broadcom’s high performance cryptographic processing technology with nCipher’s Internet security and key management expertise. Together the two companies will address the needs of equipment manufactures, application developers, service providers and enterprise customers. nCipher will market a range of pre-packaged products to enhance the performance and security of server based applications through its global sales channels and will work closely with its existing ISV (Independent Software Vendor) partners to ensure plug and play interoperability. Broadcom will provide OEM modules and advanced cryptographic processors that dramatically reduce both time-to-market and development costs for equipment manufacturers who would otherwise be forced to consider developing this technology themselves.

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