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Test Code : HP2-N42
Test title : Selling HP TippingPoint Operational Security Solutions
Vendor title : HP
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On the heels of Dell purchasing EMC for $67 billion and Western Digital purchasing SanDisk for $19 billion, HP is selling off its TippingPoint community security business to TrendMicro for $300 million. TippingPoint is a provider of subsequent-generation intrusion programs and community security solutions, and HP says that in future it will resell network security features from partners (together with TrendMicro) in preference to personal its personal assets.
The circulate comes in boost of HP finishing a destroy-up of its traffic into computing device and corporate features, a stream it introduced eventual yr can live finished by route of the discontinuance of this fiscal yr.
HP turned into rumored in September to live browsing TippingPoint for between $200 million and $300 million. The deal is anticipated to within sight the discontinuance of q4.
fashion Micro says that the deal will encompass safety know-how, IP, industry competencies and TippingPoint’s client base. It might live combining TippingPoint’s enterprise with its existing network security operations in a brand new traffic unit referred to as community defense.
at the equal time, HP says that it is pulling out of getting its own community protection traffic and should as a substitute accomplice with third events for such features “so as to invest in different areas of their safety portfolio.” HP says that after the deal closes it will continue to companion with TippingPoint as a “strategic consumer and associate.”
fashion Micro and HP have had a strategic partnership in area in view that 2014. style Micro is positioning this as its means of finishing the latitude of safety solutions that they can present to firms, while keeping some continuity in the HP relationship.
“agencies want a layered risk protection working seamlessly throughout the commercial enterprise to exploit threats earlier than, during and after an assault,” observed Eva Chen, CEO of fashion Micro in a statement. “This new subsequent-era network protection solution combines their most excellent-in-category community infraction detection equipment, with confirmed intrusion prevention and response capabilities from TippingPoint. Given their tenure with each HP and TippingPoint know-how, we're excited concerning the agility of this acquisition and the expense it will create for customers.”
the upward thrust in cloud computing and IP-everything has resulted in a soar in malicious hacking and different cybercrime, and that in rotate has resulted in a tons better priority for community safety investments amongst corporations.
but on the identical time, as the house becomes greater sophisticated, it seems like we may moreover behold yet greater agencies emerge that focal point just on protection rather than attempting to present a plenary stack of IT features.
TippingPoint grew to become section of HP in 2010, when its previous proprietor 3Com became obtained by means of HP for $2.7 billion. earlier than that, 3Com bought TippingPoint in 2005 for $442 million — making nowadays’s $300 million expense anything of a steal.
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