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4-Traders Homepage  >  Equities  >  Nasdaq  >  Maxim Integrated Products Inc.    MXIM

Delayed Quote. Delayed  - 08/25 10:00:00 pm
40.91 USD   +0.10%
08/24 MAXIM INTEGRATE : DeepCover Microcontroller Enables XAC PCI-PTS 4.1 ..
08/24 MAXIM INTEGRATE : DeepCover® Microcontroller Enables XAC PCI-PTS 4.1..
08/18 MAXIM INTEGRATE : MaryAnn Wright and Tracy Accardi Elected to Maxim'..
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Maxim Integrated Products : DeepCover Microcontroller Enables XAC PCI-PTS 4.1 Certification

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08/24/2016 | 03:30pm CEST

MAX32550 integrates all essential functions for secure mobile payment and pin pads

San Jose, CA and Hsinchu, Taiwan-August 24, 2016-The newest security key pad and smart card readers-E200NP and E200CP-from XAC Automation Corporation (Taiwan OTC: 5490), which incorporate the MAX32550 DeepCover®secure microcontroller from Maxim Integrated Products, Inc. (NASDAQ: MXIM), have successfully passed the stringent PCI-PTS 4.1 certification requirements.

For PCI-PTS 4.1 certification, products must pass increased levels of differential power analysis and simple power analysis (DPA/SPA) attack testing. Maxim is the only supplier that provides a cryptographic library with sophisticated algorithm protection means, which allowed XAC's products to pass these extremely challenging DPA/SPA certification tests. Maxim also provides its customers with a security evaluation report from an independent laboratory that significantly helps reduce PCI-PTS certification time and costs.

The MAX32550 DeepCover secure ARM®Cortex®-M3 microcontroller integrates all the essential functions for secure mobile payment and pin pads, including cryptographic engine, true random number generator, battery-backed RTC, environmental and tamper detection circuitry, magnetic stripe reader, smart card controller with embedded transceiver to directly support 1.8V, 3.3V, and 5V cards, and integrated secure keypad controller.

Commentary

  • "Maxim's DeepCover embedded security products provide a high level of integration and security that make it easy for our customers to shorten time to PCI-PTS certification and get to market quicker," said Gregory Guez, Director, Embedded Security, Maxim Integrated. "Customers like XAC can save time and resources using the MAX32550-LBS+ because its cryptographic library already includes the needed countermeasures."
  • "Maxim's security team provides valuable support-they worked with our XAC engineers and the testing lab through the entire PCI-PTS certification process," said Edmund Chang, founder and CEO of XAC Automation Corporation. "Maxim's roadmap of embedded security products gives an added level of protection that we can provide to our customers."

About XAC Automation Corporation
A leading R&D/Manufacturing company focused on delivering commerce specific solutions to the payment industry. XAC develops key component modules and cost-effective secure platform architectures that can be leveraged to design custom solutions for its customers/partners. Today, XAC's technology can be found in millions of devices including cloudPOS and mPOS devices, desktop and mobile POS terminals, PIN pads and multilane peripherals, outdoor payment terminals, NFC readers, gaming machines, cashless ATMs, kiosks, and countless other commerce solutions. For more information, visit:
http://www.xac.com.tw.

Maxim Integrated Products Inc. published this content on 24 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 August 2016 13:29:05 UTC.

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Financials ($)
Sales 2017 2 264 M
EBIT 2017 717 M
Net income 2017 526 M
Finance 2017 774 M
Yield 2017 3,14%
P/E ratio 2017 22,46
P/E ratio 2018 19,73
EV / Sales 2017 4,78x
EV / Sales 2018 4,43x
Capitalization 11 587 M
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Mean consensus HOLD
Number of Analysts 25
Average target price 40,0 $
Spread / Average Target -2,0%
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NameTitle
Tunç Doluca President, Chief Executive Officer & Director
William P. Sullivan Chairman
Bruce E. Kiddoo Chief Financial Officer & Senior Vice President
Anthony J. Stratakos Chief Technology Officer, VP-Advanced R&D
James R. Bergman Independent Director
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