Trend Micro acquires Provilla
Financial terms of the deal were not disclosed.
Mountain View, Calif.-based Provilla will now operate as a subsidiary of Trend Micro's U.S. operation. Trend will offer Provilla's stand-alone products for the near future, the company said today in a statement.
“Trend Micro has been focused on providing content security to enable users to have full usage of the internet,” Eva Chen, Trend Micro chief executive officer and co-founder, said today on a conference call. “With the increasing need from our customers for data-leakage prevention, we've acquired Provilla, which has leading fingerprint-based technologies to compliment our solutions.”
Tokyo-based Trend Micro was founded in 1988.
Provilla Chief Technical Officer and Founder Shu Huang said today that customers are looking for data security in part because of the breakdown of the traditional network boundary.
“Today, corporations are facing a challenge because the web has made the boundary disappear,” he said. “Therefore, data-leakage prevention will further Trend Micro's commitment to protecting users' computers from attack.”
Trend Micro's 2006 U.S. revenue was $727 million, according to the corporation, which has its U.S. headquarters on Cupertino, Calif.
John Pescatore, Gartner vice president and senior fellow, told SCMagazineUS.com today that proven anti-virus vendors are making an effort to acquire and show off other features for customers.
“The issue is that in the anti-virus world, in order to fight the Microsofts of the world as well as open-source applications like Clam AV, you have to show, that if your agent is already on the endpoint, what else you can do [for the customer],” he said.
Punit Minocha, vice president of corporate development at Trend Micro, said today that the company is planning other acquisitions in the near future.
“In terms of going forward, I do believe we will continue to look at companies with innovative technologies. It is our goal to continue bringing value to our customer base,” he said. “That's a striving goal for us, to continue making acquisitions in the near future.”