Trend Micro Buys TippingPoint To Lead In Threat Intelligence
Security software company Trend Micro, announced the close of an agreement to acquire TippingPoint, a provider of next-generation intrusion prevention systems (IPS) and integrated network security solutions, from Hewlett Packard Enterprise (HPE). The combined force will bring customers comprehensive threat intelligence and protection for current and zero-day vulnerabilities and exploits, a company statement said.
“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.”The transaction includes significant industry expertise, leading security technology and intellectual property, in addition to a large, loyal enterprise customer base.
Terms of the $300 million agreement to acquire HP’s TippingPoint product line which includes HP’s popular next generation intrusion detection system were initially announced in October of 2015.
Experts believe for Trend Micro this looks like a very smart move in strengthening the enterprise security space. Currently, Trend Micro is a definable enterprise security company on the radar screen of most enterprises and security professionals at large and mid-sized enterprises.
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