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Trend Micro Buys HP's TippingPoint

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Security software vendor Trend Micro acquires HP security division TippingPoint and related technology, intellectual property, employees and customer base for approximately $300 million.

SecurityThe acquisition will go in the creation of a "game-changing" network defense solution combining intrusion prevention and breach detection.

“As an ideal complement to our market-leading protection for data centers and endpoints, this new next-generation network defense solution combines our best-in-class network breach detection system with proven intrusion prevention and response capabilities from TippingPoint," Trend Micro says. "Given our tenure with both HP and TippingPoint technology, we are excited about the agility of this acquisition and the value it will create for customers.”

Back in 2014 Trend Micro formed a strategic alliance with TippingPoint, and post-deal the HP and Trend Micro "will continue to be strong partners," with HP helping Trend Micro with resale, managed services and OEM work as well as security intelligence, app security and data security.

Reuters reported on the possibility of HP selling TippingPoint earlier in September 2015, since apparently the security division fails to fit within either consumer or enterprise sides of the company. How come? HP security strategy is reportedly focused on more sophisticated segments of the business, cuh as encryption.

TippingPoint also has something of a history with acquisitions-- it was bought by 3Com in 2004 before being swallowed by HP in 2010 after 3Com was acquired for $2.7 billion.

Go Trend Micro Acquires HP TippingPoint