Marvell's LiquidSecurity HSMs have been selected by Microsoft for Azure Cloud HSM, expanding their existing collaboration on Azure Key Vault and Azure Key Vault Managed HSM services. This partnership aims to modernize the HSM market and enable Azure customers to leverage the latest security standards for cloud-scale applications. HSM-as-a-service market revenue is expected to grow at 8.5% per year through 2029.
Marvell Technology, Inc. (NASDAQ: MRVL) has announced that Microsoft has selected its LiquidSecurity hardware security modules (HSMs) for the Microsoft Azure Cloud HSM service. This expansion of their collaboration follows the existing integration of Marvell's HSMs with Azure Key Vault and Azure Key Vault Managed HSM services [1].
The Azure Cloud HSM service offers a highly available, single-tenant environment for managing cryptographic keys and performing cryptographic operations. It is FIPS 140-3 Level 3 certified, ensuring robust security and compliance standards [1]. Marvell's PCIe-based LiquidSecurity HSMs, powered by optimized OCTEON DPUs, can manage 100,000 encryption key pairs and process over one million operations per second [1].
The HSM-as-a-service market is projected to grow at an annual rate of 8.5% through 2029, driven by increasing demand for secure, cloud-based solutions [2]. This partnership aims to modernize the HSM market, enabling Azure customers to leverage the latest security standards for cloud-scale applications.
"Together, we share a vision to modernize the HSM market and enable Azure customers to leverage the latest security standards for the most demanding, cloud-scale applications," said Will Chu, senior vice president and general manager of Custom Cloud Solutions at Marvell [1].
"This collaboration allows us to offer Microsoft Azure customers the most secure and compliant key management services available in public, sovereign or government clouds today," said Soumya Subramanian, vice president of Cloud Security Engineering at Microsoft [1].
References:
[1] https://www.prnewswire.com/news-releases/marvell-liquidsecurity-selected-for-microsoft-azure-cloud-hsm-302531502.html
[2] https://www.stocktitan.net/news/MRVL/marvell-liquid-security-selected-for-microsoft-azure-cloud-cbwbdhgs6ri4.html
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