Trend Micro has purchased Taiwanese advanced network security firm Broadweb in a bid to help protect its customers from the recent wave of targeted and advanced cyber threats.
Trend Micro said the deal will see the company added Broadweb's deep packet inspection and real-time blocking technologies into its own Custom Defense solution. Trend said the combination of the technologies will provide customers with improved visibility over their networks and protection against even the most sophisticated of threats.
Trend Micro senior vice president of business development, Kevin Simzer, said businesses will need advanced protection to protect themselves from the recent influx of evolved cyber threats.
"As attacks evolve, conventional network security is no longer sufficient to keep digitised data, intellectual property and communications safe," he said.
"Integrating Broadweb's proven capabilities into our Custom Defense solution enhances our ability to provide customers with the most comprehensive solution for targeted attacks."
The financial terms of the deal have not been disclosed and at the time of publishing Trend Micro had not responded to V3's request for comment.
Broadweb's security technology is a hot item in the security community. The technology has been tested and validated independently by NSS Labs and has received the International Computer Security Association (ICSA) Labs IPS Certification. Broadweb chief executive officer, Terence Liu said he expects the deal will help facilitate the creation of new advanced security solutions.
"We are excited and honored that our talents and technologies will be a part of the Trend Micro family," he said. "Both companies are built on strong cyber security DNA and engineering culture. We anticipate this spark to unleash inspiration and creativity for next-generation network security technologies."
Trend Micro is one of many security providers to purchase specialist security companies in recent months. McAfee completed its purchase of Firewall expert Stonesoft in July. The deal was announced in May when McAfee paid $389m to buy the Finnish firm.
The buyouts follow widespread reports the cyber threat facing businesses is growing. McAfee president Michael DeCesare argued businesses will have to redesign their networks from the ground up if they hope to protect their data from next-generation hackers.
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