I think Intel and McAfee will split apart at some point. I don't think a company such as Intel with such a strong history as a monopolist can change its spots. And it is intrinsic to trust that it must be an open and not a proprietorial model. Wave made this mistake a decade ago and got nowhere.
But I am interested in the formality of the relationship between ARM TZ and Wave. I guess if you don't know, no one does.
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