Security Bytes

Nov 30 2010   12:27AM GMT

Trend Micro buys endpoint encryption firm

Marcia Savage Marcia Savage Profile: Marcia Savage

Trend Micro on Monday said it signed a deal to buy Mobile Armor, a provider of endpoint encryption technology. The St. Louis, Mo.-based company sells full-disk, file/folder, and removable media encryption products. Financial terms of the deal, which is expected to close Dec. 31, were not disclosed.

Trend Micro said Mobile Armor’s products will complement its existing DLP, email encryption and cloud encryption technologies.

Eva Chen, CEO of Trend Micro, said that Mobile Armor’s encryption line will boost Trend Micro’s data protection portfolio for the cloud computing era.

“This acquisition will expand our endpoint security market reach and will provide our customers with proven technology for encrypting data on laptops, tablet PCs, and smart phones. Mobile Armor’s solutions further our vision of protecting digital information wherever it resides and complements our recent announcement of Trend Micro SecureCloud for securing and controlling data in the cloud,” she said in a prepared statement.

Trend Micro competitor Symantec this fall detailed integration plans for PGP and GuardianEdge Technologies, two encryption companies it acquired in April for $370 million. Three years ago, McAfee acquired SafeBoot for full-disk encryption.

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