Intrinsic-ID is a semiconductor intellectual property and services company whose mission is to make counterfeiting a thing of the past. Intrinsic-ID offers the only technology-independent key storage without storing the key for semiconductor companies. Headquartered in Eindhoven, The Netherlands, Intrinsic-ID was founded in 2008 as a spin-out of Royal Philips Electronics. Its hardware intrinsic security products are based on patented physically unclonable function (PUF) technology that has been deployed in Philips' production environment.