Trend Micro Inc., a global leader in Internet content security, today announced that it has completed the acquisition of Mobile Armor, Inc. as of close of business on February 1, 2011. 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. In addition to this breadth of capability in a single solution, pre-defined policies make it simple to set policies while robust reporting readily proves compliance with those policies.
“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, chief product officer at Trend Micro. “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 US Government Committee on Foreign Investment in the United States (CFIUS), and the CFIUS 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 Secretary of the Treasury, CFIUS includes representatives from a number of U.S. Government 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.