AsiaInfo buys Trend Micro's China assets

Staff writer
29 Oct 2015
00:00

AsiaInfo Technologies (China) plans to acquire all of Trend Micro's business in mainland China, including licensing of core technology and product copyrights.

The acquisition helps AsiaInfo toward its goal of becoming 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.

"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.”

Zhang said 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.”

Oscar Chang, Trend Micro’s EVP for sales in Greater China, said the deal 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,” said Chang.

The acquisition is expected to close by the end of 2015.

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