CHICAGO - March 6, 2012 - Trustwave, a leading provider of cloud-based compliance and information security solutions, today announced it has signed a definitive agreement to acquire M86 Security, a global leader in Web security solutions and advanced anti-malware technology. The acquisition is expected to close within the next few weeks, and financial terms were not disclosed.
"By acquiring M86 Security, Trustwave is adding Web security to one of the industry's most comprehensive security product portfolios - including our compliance, application, network and data security solutions," Robert J. McCullen, Chairman, Chief Executive Officer and President, Trustwave. "Customers and partners will benefit from our simplified approach to delivering advanced anti-malware technology through the cloud and our managed services."
With the acquisition, Trustwave aims to protect its customers from the more than 90 percent of all malware that is delivered through the Web. Even "good" websites, including social networks and news sites, can serve up malware designed to compromise users' computers and steal data: a staggering 80-85 percent of all infected websites are legitimate ones. Additionally, the majority of email threats now come from links to malicious websites rather than through attachments. Combating these threats requires the right products, anti-malware technology and threat intelligence - all areas that will be augmented by Trustwave's acquisition of M86 Security.
With the acquisition of M86 Security, Trustwave is gaining:
"Trustwave has a tremendously successful track record of not only finding, acquiring and integrating security companies but also continuing to innovate their products and technologies," said John Vigouroux, Chief Executive Officer, M86 Security. "Customers and partners have a lot to look forward to as the combination of Trustwave and M86 Security gives them access to a broader, unified security portfolio powered by the industry's most advanced threat technology intelligence."
M86 Security is a privately-held company headquartered in Irvine, Calif. with approximately 300 employees worldwide.
About Trustwave
Trustwave is a leading provider of compliance, Web, application, network and data security solutions delivered through the cloud, managed security services, software and appliances. For organizations faced with today's challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its TrustKeeper® portal and other proprietary security solutions. Trustwave has helped hundreds of thousands of organizations--ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers--manage compliance and secure their network infrastructures, data communications and critical information assets. Trustwave is headquartered in Chicago with offices worldwide. For more information, visit https://www.trustwave.com .