ZitoVault licenses CryptoScale patent to IBM; provides secure communications fabric for IoT, cloud-based applications

ZitoVault LLC, provider of security solutions, announced Wednesday that it has settled the patent infringement case against IBM brought on by ZitoVault before the U.S. District Court for the Northern District of Texas (Dallas). Pursuant to the settlement, the lawsuit will be dismissed.

As part of the settlement, IBM has licensed a ZitoVault patent, US6484257 B1, also known as CryptoScale, for use with IBM Cloud Based Services (Softlayer). All other aspects of the settlement and license were not disclosed.

Additionally, IBM has granted ZitoVault a cross license agreement to patent US 9.053,446B2 – ‘Dynamically Quantifying the Demand of Each Software Component of Each Software Stack Deployed in the Cloud Environment’. The combined patents along with the other ZitoVault patents will further enable ZitoVault to provide global virtual distributed cloud computing security frameworks.

ZitoVault’s mission is to safeguard communications among large numbers of connected devices such as the Internet of Things. It aims to preserve the integrity of IoT ecosystems, devices, and users by providing a secure communications fabric between connected devices and cloud-based applications. CryptoScale, its patent-protected technology, is unique because it’s designed to efficiently establish secure connections at massive scale.

CryptoScale include technology that dynamically establishes and maintains secure connections between IoT clients and cloud-based applications; built-in intelligence that scales to accommodate massively growing numbers of IoT devices; and software defined session management that automates addition of new connections without delay or administrative overhead. It comes deployed on a large number of IoT clients that are resource constrained, and is built from the ground-up for cloud deployment and big data platforms.

“This agreement highlights the need for ZitoVault’s CryptoScale technology within cloud services platforms, which provide systems and methods for maintaining a number of simultaneous cryptographic sessions using a distributed computing environment,” stated Tim McElwee managing director of ZitoVault. “This successful resolution will allow ZitoVault to continue focusing on developing security platforms which provide secure endpoint, detection and response which are enabled by CryptoScale.”

 


IoT Innovator Newsletter

Get the latest updates and industry news in your inbox! Enter your email address and name below to be the first to know.

Name