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November 30, 2010

Trend Micro to acquire data protection firm Mobile Armor

Data protection portfolio for the cloud computing era

By CBR Staff Writer

Trend Micro, a provider of Internet content security, has signed a definitive agreement to purchase data protection specialist, Mobile Armor, to expand its data protection product portfolio.

Financial terms of the transaction were not disclosed.

Mobile Armor’s data protection offerings provide full-disk, file/folder, and removable media encryption for endpoints.

The company said that the Mobile Armor’s data protection portfolio complements its existing data loss prevention, email encryption and cloud encryption products.

The acquisition is expected to strengthen Trend Micro’s position in data protection and encryption from the endpoint to the cloud for all major customer segments.

Trend Micro said that small and medium businesses, large enterprises, and government organisations will receive unprecedented, centrally-managed data protection while benefiting from a more flexible, effective layer of protection by encrypting data no matter where it resides.

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Trend Micro CEO Eva Chen said the acquisition will expand their endpoint security market reach and will provide their customers with proven technology for encrypting data on laptops, tablet PCs, and smartphones.

"Mobile Armor’s offerings further our vision of protecting digital information wherever it resides and complements our recent announcement of SecureCloud for securing and controlling data in the cloud," Chen said.

"Mobile Armor’s endpoint encryption suite will enhance our data protection portfolio for the cloud computing era."

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