Establishes foundation in network security and enhances advance threat protection enterprise-wide
OTTAWA and DALLAS, March 9, 2016 /CNW/ - Trend Micro International (TYO: 4704; TSE: 4704), a global leader in security software, today announced the close of an agreement to acquire TippingPoint, a leading provider of next-generation intrusion prevention systems (IPS) and integrated network security solutions, from Hewlett Packard Enterprise (HPE). Trend Micro TippingPoint solutions are immediately available to bring customers comprehensive threat intelligence and protection for current and zero-day vulnerabilities and exploits.
"We are very excited to see this agreement come to fruition as it demonstrates our ongoing commitment to enterprise security," said Eva Chen, CEO, Trend Micro. "With the addition of TippingPoint, Trend Micro provides customers with the unmatched ability to respond to known and unknown threats, exploits and vulnerabilities across the entire attack lifecycle. Trend Micro is now in a unique position to deliver these integrated, layered capabilities to address the complex network security challenges facing global companies today."
Trend Micro TippingPoint includes the threat intelligence from Digital Vaccine® Labs (DVLabs), as well as the power of the Zero Day Initiative (ZDI), the industry-leading bounty program that encourages and rewards independent security researchers to identify previously unknown vulnerabilities. When combined with Trend Micro Smart Protection Network™, the company offers the industry's most advanced capabilities to protect enterprises across the network, data center, cloud and endpoints.
"With the addition of TippingPoint to its existing solution set, Trend Micro boasts one of the most complete security portfolios in the industry," said Rob Ayoub, research director, IDC. "The modern enterprise is a labyrinth of endpoints, hybrid cloud infrastructure and networks. It is critical to have a holistic security strategy, including multiple layers of protection and reliable, real-time threat intelligence to stay ahead of sophisticated attackers. Trend Micro TippingPoint, along with the rest of Trend Micro's solutions, empowers corporate security teams to work smarter and more efficiently."
Terms of the $300 million agreement to acquire TippingPoint were initially disclosed in October 2015. The transaction includes significant industry expertise, leading security technology and intellectual property, in addition to a large, loyal enterprise customer base.
Trend Micro and ZDI are also the co-sponsors of Pwn2Own, a competition that gathers security researchers to identify vulnerabilities in four of the most targeted software platforms. This year's event will take place at CanSecWest 2016, March 16-17 in Vancouver, British Columbia.
About Trend Micro
Trend Micro Incorporated, a global leader in security software, strives to make the world safe for exchanging digital information. Built on 27 years of experience, our solutions for consumers, businesses and governments provide layered data security to protect information on mobile devices, endpoints, gateways, servers and the cloud. Trend Micro enables the smart protection of information, with innovative security technology that is simple to deploy and manage, and fits an evolving ecosystem. All of our solutions are powered by cloud-based global threat intelligence, the Trend Micro™ Smart Protection Network™ infrastructure, and are supported by over 1,200 threat experts around the globe. For more information, visit TrendMicro.com.
Notice Regarding Forward-Looking Statements
Certain statements that are made in this release are forward-looking statements. These forward-looking statements are based on management's current assumptions and beliefs in light of the information currently available to it, but involve known and unknown risks and uncertainties. Many important factors could cause actual results to differ materially from those expressed in forward-looking statements. These factors include:
- that the transaction may not be timely completed, if at all
- that we may not be able to successfully implement the plans, strategies and objectives of management for future operations, including the execution of integration strategies
- that we may incur unexpected costs integrating the businesses
- the possibility that projected benefits may not materialize as expected
Trend Micro does not undertake any obligation to update these forward-looking statements.
SOURCE Trend Micro Canada
For further information: Media Contact Canada: Claire M. Tallarico, 416 616 9940