Trend Micro International has sold its China business to AsiaInfo Technologies (China) for an undisclosed sum.
Licensing of security product and technology rights within the China market will be part of the deal announced today. The deal will cover only the Chinese IT market. AsiaInfo Technologies said the deal will strengthen national security.
AsiaInfo Technologies — founded in 1993 — aims to boost its China presence with the acquisition. AsiaInfo is currently China’s largest provider of IT solutions and services in the telecommunications industry.
The strategy of AsiaInfo is to emerge as the industry leader in big data and cloud security space. It serves more than one billion telecom users in more than 10 countries including China, the United Kingdom, Denmark, Hungary, and India. 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.
“This allows AsiaInfo to further expand into other sectors, such as finance, education, manufacturing and healthcare. The agreement will provide a broader market for future growth and protect national security through the creation of independent control of information technology development,” said Zhang Fan, president of AsiaInfo’s security department.
Trend Micro is the world’s largest provider of security software. It also provides server, virtualization, mobile and cloud security solutions.
Oscar Chang, Greater China sales executive vice president, Trend Micro, said: “This agreement with AsiaInfo will provide localized security services to organizations and businesses throughout China.”