BEIJING--(BUSINESS WIRE)--AsiaInfo Technologies (China) Co., Ltd. and Trend Micro (China) Co., Ltd., a wholly owned subsidiary of Trend Micro International, today jointly announced that AsiaInfo intends to acquire all of Trend Micro China’s business, including licensing of product and technology rights within the China market. The acquisition represents AsiaInfo’s commitment to emerge as the industry leader in big data and cloud security to help make the digital exchange of information more secure, reliable and intelligent for Chinese customers. This agreement will solely encompass business within China.
"The acquisition enriches AsiaInfo Group's information security product architecture, strengthening our advantage in both customization and integration,” said Zhang Fan, president of AsiaInfo's security department. “This allows AsiaInfo to further expand into other sectors, such as finance, education, manufacturing and healthcare. The agreement will not only provide a broader market for future growth, but also protect national security through the creation of independent control of information technology development."
AsiaInfo is China's largest provider of IT solutions and services in the telecommunications industry with over one billion customers in more than ten countries. Trend Micro is the world's largest independent provider of security software, and is a leader in server, virtualization, mobile and cloud security solutions. In addition, through its 15 research laboratories, Trend Micro responds to cyber threats worldwide.
"As a global industry leader, Trend Micro has delivered proven security technologies trusted by customers for more than two decades,” said Oscar Chang, Greater China sales executive vice president, Trend Micro. “This agreement with AsiaInfo will provide localized security services to organizations and businesses throughout China. We believe this will help better provide Chinese customers with innovative products and solutions."
The acquisition is expected to close by the end of 2015. Terms will not be disclosed.
Founded in 1993, AsiaInfo is currently China's largest provider of IT solutions and services in the telecommunications industry. With the strength of world-leading technology, it serves more than one billion telecom users in more than ten countries including China, the United Kingdom, Denmark, Hungary, and India. Currently, AsiaInfo has nearly 14,000 employees, more than 9,000 of whom are technical personnel. It provides more than 700 solutions and more than 300 software products that cover all aspects of information operations.
About Trend Micro
Trend Micro Incorporated, a global leader in security software, strives to make the world safe for exchanging digital information. Built on 26 years of experience, our solutions for consumers, businesses and governments provide layered data security to protect information on mobile devices, endpoints, gateways, servers and the cloud. Trend Micro enables the smart protection of information, with innovative security technology that is simple to deploy and manage, and fits an evolving ecosystem. All of our solutions are powered by cloud-based global threat intelligence, the Trend Micro™ Smart Protection Network™ infrastructure, and are supported by more than 1,200 threat experts around the globe. For more information, visit TrendMicro.com.
Thomas Moore, 972-499-6648