Trend Micro Buys HP TippingPoint Network Security for $300 million

Trend Micro Buys HP TippingPoint Network Security for $300 million Image Credit: HP

Tokyo-headquartered security software vendor, Trend Micro has signed an agreement to acquire HP TippingPoint for approximately $300 million. HP TippingPoint provides next-generation intrusion prevention systems (NGIPS) and related network security solutions. 

Trendmicro in a blog post, said that "Upon completion of the acquisition, we will be established as the clear go-to enterprise security provider, addressing targeted attacks and advanced threats from the network and datacenter, to the cloud and endpoints. For the latest threat intelligence, TippingPoint’s Digital Vaccine and Zero Day Initiative augments TrendLabs and our global Smart Protection Network to provide unmatched expertise and response".

Trend Micro and TippingPoint have been working together since last year and will continue to do so, said Trend Micro in a statement.

Eva Chen, CEO, Trend Micro
As an ideal complement to our market-leading protection for data centers and endpoints, this new next-generation network defense solution combines our best-in-class network breach detection system with proven intrusion prevention and response capabilities from TippingPoint. 

Mike Spanbauer, vice president of research, NSS Labs
This acquisition complements Trend Micro’s current threat defense expertise, extending its strength in endpoint, cloud, data center and breach detection to the network.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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