Business
Device Authority Strategic Partnership
Tern Plc notes that Device Authority, in which it holds a 25.3% equity stake, has formed a strategic partnership with Xalient to enhance IoT security. This collaboration integrates Device Authority's KeyScaler platform into Xalient's identity-led cybersecurity services, aiming to provide scalable, automated protection for connected devices in complex enterprise environments. The partnership will focus on critical sectors like energy, utilities, manufacturing, and healthcare, addressing increasing regulatory pressures and the need for robust, Zero Trust-aligned security solutions for billions of connected devices. Disclaimer*
About this update from Tern Plc
[{"type":"text","content":"\n\nREACH - non-regulatory announcement*\n \n12 May 2026\n \nTern Plc\n \n(\"Tern\" or the \"Company\")\n \nDevice Authority Strategic Partnership with Xalient\n \nTern Plc (AIM:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things (\"IoT\") technology businesses, is pleased to note that Device Authority Limited (\"Device Authority\"), a company in which Tern currently holds 25.3% of the equity, has announced a new strategic partnership with Xalient, a leading provider of identity‑led cybersecurity services and managed solutions.\n \nExtracts from the Device Authority announcement:\n \nDevice Authority, a global leader in identity and access management (\"IAM\") for IoT and Operational Technology (\"OT\") devices, today announced a new strategic partnership with Xalient, a leading provider of identity‑led cybersecurity services and managed solutions.\n \nThe collaboration will strengthen Xalient's IoT security offering through the integration of Device Authority's KeyScaler platform, enabling scalable, automated protection for connected devices across complex enterprise environments. \n \nAs organizations accelerate digital transformation and expand their use of connected devices, securing IoT and OT ecosystems has become increasingly complex. With billions of devices coming online - many of them unmanaged or operating in production or operational environments - traditional security models struggle to provide the visibility, control, and resilience required.\n \nAt the same time, regulatory and policy pressures are increasing on both sides of the Atlantic.\n \nIn the EU, requirements such as the Cyber Resilience Act are raising expectations for secure‑by‑design connected products, device visibility, vulnerability management, and compliance reporting. In the U.S., guidance and regulatory activity from bodies such as CISA, NIST, and sector‑specific regulators are driving stronger requirements around asset visibility, secure access, risk governance, and operational resilience.\n \nAs a result, enterprises are being challenged to adopt automated, 'Zero Trust'‑aligned approaches that can scale across users, devices, workloads, and machine identities - without adding unnecessary operational friction.\n ...