The IEEE is reported to offer its standards efforts to broader groups of companies that want to set up collaborations quickly.
A group of security companies were the first to pilot the IEEE's Industry Connections program this week.
The IEEE's standard agreements will be offered to handle intellectual property, governance and antitrust issues, documents that can take individual companies as much as a year to forge.
Six security companies including McAfee Inc., Microsoft Corp., Symantec Corp. and Trend Micro used the program to form the Industry Connections Security Group. ICSG aims to classify and share a broad array of information about computer security threats.
As a first step, the ICSG, which now includes 30 companies, is developing a way to classify examples of malicious software such as computer viruses.
The IEEE's Industry Connections service is free initially, but after a year companies who are part of a group have to become IEEE corporate members. Annual fees range from $1,100 to $5,500 depending on the size of the company.
The IEEE currently has 134 corporate members, a roster that the current program could help expand.
It's worth taking a look at for EDA companies as well. The leading three EDA vendors already did.