Israel-based start-up Discretix is a provider of embedded security solutions for mobile devices and flash based storage.

Renesas Technology is the joint-venture semiconductor company established by Hitachi, Ltd. (TSE:6501) (NYSE:HIT) and Mitsubishi Electric Corporation (TSE:6503). Headquartered in Tokyo, Renesas Technology is one of the largest semiconductor companies in the world.

SH-Mobile is a flexible application accelerator that provides multimedia support for next-generation cellular phone communications. Unlike a traditional baseband CPU method that uses a single CPU to manage both signal and application processing, the SH-Mobile design approach uses a dual CPU architecture that dedicates one CPU to application execution in order to maximize communication performance.

CryptoCell will be embedded into future SH-Mobile processors at the chipset level providing the mobile device with a much greater level of security.

Renesas Technology expects to introduce SH-Mobile processors incorporating the Discretix technology in mobile devices on 2.5G and 3G networks in Asia, Europe and the US in third quarter of 2005.

"By selecting Discretix, we will be able to develop new and innovative security solutions for our OEM customers," Renesas Technology mobile SoC design department manager Shinichi Yoshioka. "Security is an important foundation of our roadmap going forward."

Discretix EVP sales and business development Edo Ganot said, "We are committed to the Japanese market and enthusiastic about the broad range of applications for security, in such a highly developed market."

Discretix's encryption technology provides a security solution for resource-constrained environments such as wireless devices and smart-cards. The technology is designed as an IP-core, which can be licensed to semiconductor designers and partners across a range of markets, including mobile handsets, Bluetooth and wireless-LAN devices. Isenberg added that Discretix and Triangle would continue creating more strategic partnerships with customers in Japan. He said that Triangle had assisted in about 100 deals, worth an aggregate $400 million. Triangle’s customers include Given Imaging (Nasdaq: GIVN; TASE:GIVN), Discretix, Exanet, Accord Telecommunications, Optibase (Nasdaq: OBAS), Voltaire Inc., Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA), ECI Telecom (Nasdaq: ECIL), BigBand Networks, Compugen (Nasdaq: CGEN; TASE: CGEN), and Glucon.