SEALSQ and Kaynes SemiCon have signed a term sheet to create SEALKAYNESQ, a joint venture (JV) aimed at establishing India's first secure semiconductor design and personalisation centre. The JV will see SEALSQ take a 51% stake, with Kaynes SemiCon holding the remaining 49%. Both companies will share governance through a five-member board. SEALSQ is a subsidiary of WISeKey International. WISeKey and SEALSQ will licence intellectual property (IP) exclusively to the JV. Any new IP generated will be owned by ...