On 10 November 2017, TRON Forum, headquartered in Tokyo, Japan, which has been maintaining the TRON Project since 2010, has agreed with the Institute of Electrical and Electronics Engineers, headquartered in the US, to transfer ownership of TRON µT-Kernel 2.0, the most recent version of ITRON, for free. Stephen Dukes, Standards Committee, vice chair, IEEE Consumer Electronics Society said that IEEE will "accelerate standards development and streamline global distribution" through the agreement. By the agreement, TRON Forum has become an IP licensee of embedded TRON.