Trend Micro has signed a definitive agreement to acquire HP TippingPoint for approximately $300 million. This acquisition will position Trend Micro as the go-to enterprise security provider of dynamic threat defense solutions spanning endpoints, network, data center and the cloud.
The company will combine current and acquired capabilities to create a Network Defense business unit, serving more than 3,500 enterprise customers.
Today’s “borderless” enterprises are barraged by increasingly complex threats, and organizations must be prepared to efficiently prevent, detect and respond to modern threats that circumvent traditional security. This is compounded by the increase of targeted attacks and advanced threats that bypass traditional controls, leveraging internal networks to access and monetize sensitive data, communications and intellectual property.
“To face this problem, organizations need a layered threat defense working seamlessly across the enterprise to address threats before, during and after an attack. As an ideal complement to our market-leading protection for data centers and endpoints1, this new next-generation network defense solution combines our best-in-class network breach detection system2 with proven intrusion prevention and response capabilities from TippingPoint. Given our tenure with both HP and TippingPoint technology, we are excited about the agility of this acquisition and the value it will create for customers.” said Eva Chen, CEO at Trend Micro.
By combining intrusion prevention and breach detection, Trend Micro is creating a multi-faceted approach to contain sophisticated attacks. Another benefit is the Zero Day Initiative, which has responsibly disclosed more zero-day vulnerabilities than all competitors combined through the diligence and expertise of an extensive community of researchers. This unique expertise and ability will work in concert with the expansive resources of the Trend Micro Smart Protection Network and threat research teams to help ensure market leading detection rates.