HP has announced the acquisition of data protection and encryption firm Voltage Security in a move to boost its cloud and mobile security services. Financial details of the deal were not disclosed.
The Voltage services will be added to HP's Atella encryption suite and will allow the firm to offer security services to customers focused on the cloud and mobile.
HP’s senior vice president and general manager of enterprise security products, Art Gilliland, said in a blog post that with data now stored and accessed in myriad locations it is vital that companies have the tools to protect information in all locations.
“Today, sensitive information is everywhere - in cloud and big data environments, on mobile platforms, with employees scattered around the world, and, as the Internet of Things market grows, even more devices than we could have imagined,” he said.
“Voltage’s proven data-centric encryption and tokenisation technology will [help] our customers protect their most sensitive information whether it lives in the cloud, across mobile platforms, in big data environments, or within legacy computer systems for critical regulatory compliance."
Voltage CEO Sathvik Krishnamurthy wrote in a blog post that the move is a great way for Voltage to extend its reach to more organisations and industries across the world.
“HP has the scale and resources to support Voltage customers, helping them take a more proactive defence against adversaries and protect their data from the moment it’s created throughout its entire lifecycle,” he said.
The deal will close in the first half of HP’s 2015 financial year, if all goes smoothly.
The move is one of the first acquisitions HP has made in recent years, after dealing with the fallout of its purchase of Autonomy which led to a multi-billion dollar writedown and legal challenges against the company’s former management.
It most recently saw its challenge against Autonomy ended in the UK with the Serious Fraud Office choosing not to take the case any further.
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