Trend Micro announced plans Thursday to purchase Provilla, becoming the latest security firm to add data loss prevention tools via acquisition.
The Japan-based Trend Micro will operate Provilla, based in Mountain View, Calif., as a subsidiary of Trend Micro's U.S. affiliate. Provilla's products specialize in intelligent content filtering and policy enforcement, capabilities Trend Micro officials said they hope to leverage.
Trend Micro will continue to offer Provilla's stand-alone products for the near term as well as to gradually integrate Provilla's capabilities into their portfolio. John Racioppi, vice president of strategic alliances and business development at Trend Micro, said the two companies are in the process of working out their integration plans and were not ready yet to offer a firm date as to when a fully integrated product would hit the market.
Financial terms of the deal were not disclosed.
The purchase follows a string of acquisitions in the DLP (data loss prevention) market, including McAfee's announcement this month that would acquire encryption vendor SafeBoot.
Read the full story on eWEEK.com: Trend Micro to Snap Up Provilla for DLP
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