Wave Systems Corp (WAVX) is a technology company that provides hardware-based digital security solutions for various industries such as financial services, healthcare, and government agencies. The company's solutions include hardware-based authentication, data encryption, and secure communication systems.
Wave Systems was founded in 1988 and is headquartered in Lee, Massachusetts. The company's products and services are primarily designed to secure data in transit and at rest, both in traditional data centers and in cloud-based environments. Its portfolio of products includes the Wave Virtual Smart Card, the Wave Trusted Platform Module, and the Wave Cloud Services platform.
As of February 25th, 2023, the market capitalization of Wave Systems Corp was approximately $50 million. The company's stock is traded on the OTC Pink market under the ticker symbol WAVX.
It's important to note that investing in OTC Pink stocks such as WAVX may be considered riskier than investing in stocks listed on major exchanges. These stocks may have limited liquidity and may not be subject to the same regulatory requirements as larger companies. Investors should thoroughly research any company and consult with a financial advisor before making any investment decisions.
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