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Trend Micro to Acquire
InterMute
Trend Micro augments award-winning solutions with addition of innovative anti-spyware
experts to provide data privacy protection
TOKYO, Japan, May 10 /PRNewswire-FirstCall/ -- Trend Micro Inc. (TSE:
4704, NASDAQ: TMIC), a leader in network antivirus and Internet content
security software and services, announced today it has entered into an
agreement to acquire InterMute, Inc., a leading developer of anti-spyware
products, by Trend Micro's United States subsidiary, subject to completion of
due diligence. InterMute's technology will further enhance Trend Micro's
anti-spyware solutions for business customers and consumers.
Spyware is a recognized,
increasing security threat. According to IDC, 67%
of all computers have some form of spyware on them,
and in some cases, infected computers are host
to hundreds of spyware programs (source: IDC Market
Analysis, “Worldwide Spyware
2004-2008 Forecast and Analysis: Security and System
Management Sharing Nightmares”, November 2004).
Additionally, the challenges of dealing with spyware
are becoming more complex. Customers need an effective
solution to deal with spyware that they want removed
from their systems but require the flexibility to
choose how to handle “grayware”, those
types of spyware that they may or may not want to
remove such as adware. InterMute’s expertise
and technology will further Trend Micro’s abilities
to help customers in both of these areas.
“Trend Micro continues to be wholly focused
on providing our customers with security solutions
that offer advanced protection against unpredictable,
malicious threats,” said Eva Chen, CEO and
co-founder of Trend Micro. “Spyware continues
to evolve and cause concern and damage, but not all
spyware can be handled the way viruses and worms
are. Customers need effective solutions to remove
spyware, but must also be given the flexibility on
how to manage it. The acquisition of InterMute further
strengthens our ability to execute upon our anti-spyware
strategy and their technology and products are entirely
complementary to our own. We expect to deliver combined
solutions to market quickly.”
“Since 1999, we have seen the security business
change form and the damaging effects of spyware increase
dramatically,” said Ed English, CEO of InterMute. “This
is an exciting time to pursue such a venture with
Trend Micro. Given the complexity of threats like
spyware and our customers’ needs for an integrated,
comprehensive approach to dealing with it, I can
think of no better response than to join forces and
deliver a more advanced, complete solution for our
customers.”
Trend Micro has confirmed
its intention to offer InterMute’s stand-alone anti-spyware products
under the Trend Micro brand. Additionally, the company
plans to integrate InterMute’s anti-spyware
capabilities into its enterprise, small and medium
business, and consumer solutions.
Teleconference for Media Outlets, Analysts
To hear further information regarding this announcement,
Trend Micro is holding a telephone conference today,
10 May, at 8:30 am PST / 11:30 am EST / 4:30 pm GMT
/ 5:30 pm CET.
Those wishing to attend should register at: www.trendmicro.com/intermute/telecon
For those unable to join the call, please contact
Trend Micro directly to obtain further information.
The recording of the call will later be made available
on the Trend Micro website.
About Trend Micro, Inc.
Trend Micro, Inc. is a leader in network
antivirus and Internet content security software
and services. The Tokyo-based corporation has business
units worldwide. Trend Micro products are sold through
corporate and value-added resellers and managed service
providers. For additional information and evaluation
copies of all Trend Micro products, visit our Web
site, www.trendmicro.com
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