Wave Systems, Inc. (WAVXQ) was a company focused on providing hardware-based security and trusted computing solutions for endpoint devices. The firm developed software and firmware products that harnessed Trusted Platform Module (TPM) technology, enabling robust data encryption, secure user authentication, and reliable communication protocols. Its comprehensive portfolio, which included the EMBASSY Trust Suite, was designed to fortify the integrity and confidentiality of information on devices within corporate and governmental settings. Wave Systems catered to enterprises, particularly those in security-sensitive industries like finance, healthcare, and public administration. In a significant corporate event, ESW Capital acquired Wave Systems in September 2016, leading to the company's subsequent transition to ESW Holdings, Inc..