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Datametrex Expands Patent Monetization Strategy Adding Quantum-Resilient Encryption Technologies [Yahoo! Finance]

Nutanix, Inc. - Class A (NTNX) 
Last nutanix, inc. - class a earnings: 2/26 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
pleased to announce that its wholly owned subsidiary, Paymetrex Payment Solutions Inc. ("Paymetrex"), is expanding its patent monetization strategy to include an evaluation of potential licensing opportunities within the field of quantum-resilient and next-generation encryption technologies. Our preliminary internal assessment is that the Paymetrex patent portfolio covers subject matter which is relevant to the commercialization of such technologies. It does not currently offer or deploy quantum-resilient or post-quantum encryption solutions and no Paymetrex intellectual property has been validated, licensed or commercialized for such applications. Further to the Company's latest press release issued on February 18 and April 9, Datametrex currently deploys general purpose, enterprise-grade infrastructure technologies with its partner Nutanix which support scalable compute, storage, and networking across distributed environments. These technologies facilitate the implementation of Show less Read more
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