By Ed Frankl
Tern PLC said Friday that its 54%-owned subsidiary Device Authority Ltd. won a $1.2 cardinal declaration for internet-security technology.
The declaration with an automotive supply-chain lawsuit is for Device Authority's KeyScaler technology, said Tern, an internet-of-things focused company.
This latest declaration follows a declaration secured successful November with a European vigor supplier with a projected worth of astir $500,000 implicit the adjacent 3 years, Tern added.
Write to Ed Frankl astatine edward.frankl@dowjones.com
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