Trend Micro Incorporated has signed a definitive agreement to purchase innovative data protection specialist, Mobile Armor, in a move to expand Trend Micro’s data protection product portfolio. Mobile Armor, based in St. Louis, Missouri is majority-owned by Dolphin Equity of New York, New York. Financial terms are not disclosed.
Mobile Armor’s data protection offerings provide full-disk, file/folder, and removable media encryption for endpoints. They will complement Trend Micro’s existing data loss prevention, email encryption and cloud encryption products.
“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 smartphones. 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,” said Eva Chen, CEO, Trend Micro. “Mobile Armor’s endpoint encryption suite will enhance our data protection portfolio for the cloud computing era.”
“Security-minded buyers are assured that the Mobile Armor solution is fortified, tested, and proven to have the quality, certifications and critical security features that other data security solutions do not have. For customers, we see Mobile Armor complementing Trend Micro’s data protection strategy and contributing to Trend Micro’s mobile and cloud security initiatives. Trend Micro’s worldwide reach and extensive resources will add value to Mobile Armor’s customer base,” said Michael Menegay, CEO, Mobile Armor.