From ADVFN bb14 Jun 2018 16:35
With more than 85 million desktop security software installations, 700,000 business customers and 8,000 global partners and affiliates, Comodo is building a new IoT security services platform ("the Platform") which will be powered by Device Authority's KeyScaler technology.”” Sweepie2 (23.5.18): We are planning to launch IoT Security on 26th June for Key Scaler integration. Take that client base at Comodo: Assume, each business buys 3 new EV certificates per year Imagine that DA negotiates a revenue cut of 3% for making that PKI platform secure (3% of annual revenue) So DA gets: 199 ($ per year/certificate) x 700000 x 3 x 0.03 = $12.5m in annual revenue so mkt cap of DA on a P/E of 30 (from 1 client Comodo in a full year) = $376m 42% for tern's (small) shareholders = a tern mkt cap of $157m (£114m).