Trend Micro Completes Acquisition of Mobile Armor -- Security Today

Trend Micro Completes Acquisition of Mobile Armor

Feb 04, 2011

Trend Micro Inc., which provides Internet content security, has completed the acquisition of Mobile Armor Inc. The acquisition agreement between Trend Micro and Mobile Armor was announced on November 29, 2010 and expands Trend Micro's data protection portfolio, extending its encryption offerings to span from endpoints all the way into the public cloud.

The new Trend Micro Endpoint Encryption offering, formerly known as the Mobile Armor Data Armor Suite, delivers the broadest coverage of any solution in the market. One centrally managed encryption solution includes full disk and file/folder capability, delivers software-based encryption and support for self-encrypting drives, and covers PCs, Windows smartphones and removable media. Additionally, pre-defined policies make it simple to set policies while robust reporting readily proves compliance.

"We are pleased to complete the acquisition of Mobile Armor and welcome our new employees, partners, and customers to the Trend Micro family," said Steve Quane, the company’s chief product officer. "Trend Micro is helping government agencies, enterprise customers, SMBs and consumers around the globe protect their data whether stored on a local PC or mobile device or in a virtualized environment or public cloud."

Trend Micro and Mobile Armor voluntarily notified and requested review of the acquisition by the U.S. Committee on Foreign Investment in the United States (CFIUS), and it raised no objections to the transaction. CFIUS is an inter-agency committee of the U.S. government authorized to review transactions that could result in control of a U.S. business in order to determine the effect of such transactions on the national security of the United States. Chaired by the treasury secretary, CFIUS includes representatives from a number of departments and agencies, including the departments of Homeland Security, Commerce, Defense and State.

Accordingly, Trend Micro Endpoint Encryption is available to organizations around the world seeking to ensure the privacy of sensitive data on their corporate devices of all kinds.

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