Trend Micro Incorporated (TYO: 4704; TSE: 4704), a Dallas-based cloud security company, acquired Cloud Conformity, a Cloud Security Posture Management (CSPM) company.
The amount of the deal was not disclosed.
The acquisition broadens the cloud services Trend Micro can secure and resolves often overlooked security issues caused by cloud infrastructure misconfiguration. It builds upon the company’s continuous innovation in cloud security, adding complementary capabilities that automatically identify and fix a range of cloud infrastructure configuration issues. It also optimizes costs and helps ensure compliance with regulatory standards such as PCI, GDPR, HIPAA and NIST.
The addition of all of Cloud Conformity’s employees, led by Michael Watts, chief executive officer, brings valuable expertise and experience, along with the technology, to allow businesses to build in the cloud effectively.
Led by Eva Chen, chief executive officer, Trend Micro provides cloud based solutions for consumers, businesses, and governments to implement security for data centers, cloud environments, networks, and endpoints. All products work together to share threat intelligence and provide a connected threat defense with centralized visibility and control, enabling protection.
The company has more than 6,000 employees in over 50 countries.