Investing in Japan
Latest UpdatesGerman security technology company Wibu-Systems establishes corporation in Tokyo
Jul 05, 2019
Founded in Germany in 1989, Wibu-Systems AG delivers security-related digital solutions such as automatic encryption tools to protect software and tools to protect licenses and prevent unauthorized copying. With Industry 4.0, the costs of engineering, logistics and maintenance can be reduced through use of on-demand hardware. The company has developed software protection tools for embedded systems, servers and PCs to prevent intellectual property leakage and illegal copying resulting from reverse engineering and unauthorized use that are an inherit risk with this model.
The company's flagship product "CodeMeter" protects data related to software and manufacturing that is required between controller suppliers, equipment manufacturers and users, and leads to monetization with a variety of licensing models. Its advantage is that it can encrypt programs not only on disk but also in memory.
In addition to its other European locations in France, Belgium, the Netherlands, the United Kingdom and Spain, Wibu-Systems also has bases in the United States and China. It employs over 100 people.
The company established Wibu-Systems Co., Ltd. in Tokyo in October 2018 with the aim of enhancing market research and customer support. It announced that it concluded an agency sales agreement with Toshiba Information Systems Corporation for sales of CodeMeter in April 2019.
To assist with the establishment of the company's base in Japan, the JETRO Invest Japan Business Support Center (IBSC) provided temporary office space, consultation (on company registration, tax and labor matters) and referral to service providers (a service office agent and PR agent).