NXP Semiconductors NV: Smart Grid: Power Plus Communications and NXP join forces to roll-out secure smart metering in Germany

Tickers: NXPI
Eindhoven, Netherlands, December 23, 2014: NXP Semiconductors N.V. (Nasdaq: NXPI) has been selected by Power Plus Communications, the leading provider of Broadband Powerline communications, and Smart Meter Gateways to provide Hardware Security Modules for its gateway platforms.

By joining forces with NXP, the leader in secure IC solutions, Power Plus Communications is making a strategic step to realize the transformation of the existing German energy network into an intelligent and secure grid infrastructure.

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The NXP Security Module - a key component of communications gateways in critical grid infrastructure - will enable Power Plus Communications and Smart Meter Gateway development partner OpenLimit to meet the new Security Protection Profile and associated technical directives for smart metering systems as issued by BSI, the Federal Office of Information Security in Germany.

The embedded Security Module enables strong authentication of metering systems to the Cloud while ensuring the integrity and confidentiality of data exchanged between data management operators, control systems, metering equipment and smart home devices.

The NXP Security Module will be certified according to the BSI Common Criteria Protection Profile and is an integral part of the company's A-series Cyber Security products, a family of turn-key solutions tailored to different device types such as meters, communications gateways and hubs, data concentrators, intelligent devices or industrial controllers.

"NXP is delighted to partner with an innovative company such as Power Plus Communications, creating ground-breaking, secure smart grid technologies using NXP Cyber Security chips," says Sami Nassar, Vice President and General Manager Authentication at NXP Semiconductors. "Our partnership with Power Plus Communications is built upon NXP's long-time expertise in security technology, as well as our leading position in the overall Identification market. It also builds on our experience in key market segments such as eGovernment, banking, public transport and mobile transactions."

NXP's partnership with Power Plus Communications will leverage the advanced IntegralSecurity™ architecture of NXP's SmartMX™ high-security microcontrollers - incorporating more than 100 security features to protect the cryptographic keys and computations - as one of the elements of its end-to-end system security.

NXP has shipped more than one billion SmartMX chips to customers, including 86 out of 102 countries with ePassport projects and leading financial institutions worldwide.
"NXP is a committed partner and we are very excited to integrate A-series proven and high performance security technology into our platforms,'' added Ingo Schönberg, CEO of Power Plus Communications..

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable secure connections for a smarter world. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the automotive, identification and mobile industries, and in application areas including wireless infrastructure, lighting, healthcare, industrial, consumer technology and computing. NXP has operations in more than 25 countries, and posted revenue of $4.82 billion in 2013. Find out more at www.nxp.com.

About Power Plus Communications AG

Power Plus Communications AG (www.ppc-ag.com), Mannheim, is a leading provider of Broadband Powerline communication (BPL) systems for Smart Metering and Smart Grids. Both Managing Directors, Ingo Schönberg (CEO) and Eugen Mayer (COO), have led the company since its foundation in 2001. PPC's shareholders include Climate Change Capital Private Equity, Siemens Financial Services' Venture Capital unit, the Venture Capital group of British Gas, PPC's Managing Directors and employees.

About OpenLimit SignCubes

OpenLimit SignCubes AG (www.openlimit.com) is a wholly-owned subsidiary of the publicly traded OpenLimit Holding AG. OpenLimit stands for the secure electronic handshake: technologies that enable people and machines globally to communicate without restrictions securely, identifiably and provably. OpenLimit develops base technologies and products in electronic identities, electronic signatures, evidentiary value-preserving long-term storage of data and documents and secure data transmission between machines. OpenLimit technologies are an integral part of products from leading developers of IT applications for government and industry with an impact on each individual.

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This noodl was issued by NXP Semiconductors NV and was initially posted at www.nxp.com. It was distributed, unedited and unaltered, by noodls on 2014-12-23 11:03:18 UTC. The issuer is solely responsible for the accuracy of the information contained therein.