1

Trend Micro

#2152

Rank

$7.42B

Marketcap

JP Japan

Country

Trend Micro
Leadership team

Ms. Eva Chen (Co-Founder, Pres, Group CEO & Representative Director)

Mr. Mahendra Negi (Group CFO, Exec. VP & Representative Director)

Mr. Akihiko Omikawa (Exec. VP of Japan, GM of Japan, Global Consumer Bus. & IoT Bus. Promotion and Director)

Products/ Services
Cloud Security, Cyber Security, Security, Virtualization
Number of Employees
1,000 - 20,000
Headquarters
Tokyo, Tokyo, Japan
Established
1988
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
4704.T
Social Media
Overview
Location
Summary
Trend Micro Incorporated develops and sells security-related software for computers and the Internet primarily in Japan. The company offers hybrid cloud security solutions, such conformity, workload, container, file storage, application, network, and open-source security products. It also provides intrusion prevention, threat protection, industrial and mobile network security products, as well as offers email, mobile, web, and industrial endpoint security products. In addition, the company offers cloud migration, cloud-native app development, cloud operational, data center security, and SaaS application solutions. Further, it provides ICS/OT, connected car, and 5G security solutions, as well as offers ransomware, end-of-support systems, compliance, detection, and response solutions. It serves oil and gas, healthcare, manufacturing, and electric utility industries. The company was incorporated in 1965 and is headquartered in Tokyo, Japan.
History

1988–1999

The company was founded in 1988 in Los Angeles by Steve Chang, his wife, Jenny Chang, and her sister, Eva Chen . The company was established with proceeds from Steve Chang's previous sale of a copy protection dongle to a United States-based Rainbow Technologies. Shortly after establishing the company, its founders moved headquarters to Taipei.In 1992, Trend Micro took over a Japanese software firm to form Trend Micro Devices and established headquarters in Tokyo. It then made an agreement with CPU maker Intel, under which it produced an anti-virus product for local area networks for sale under the Intel brand. Intel paid royalties to Trend Micro for sales of LANDesk Virus Protect in the United States and Europe, while Trend paid royalties to Intel for sales in Asia. In 1993, Novell began bundling the product with its network operating system. In 1996 the two companies agreed to a two-year continuation of the agreement in which Trend was allowed to globally market the ServerProtect product under its own brand alongside Intel's LANDesk brand.Trend Micro was listed on the Tokyo Stock Exchange in 1998 under the ticker 4704. The company began trading on the United States-based NASDAQ stock exchange in July 1999.

2000s

In 2004, founding chief executive officer Steve Chang decided to split the responsibilities of CEO and chairman of the company. Company co-founder Eva Chen succeeded Chang as chief executive officer of Trend Micro in January 2005. Chen had most recently served as the company's chief technology officer since 1996 and before that executive vice president since the company's founding in October 1989. Chang retained his position as company chairman. In May, Trend Micro acquired US-based antispyware company InterMute for $15 million. Trend Micro had fully integrated InterMute's SpySubtract antispyware program into its antispyware product offerings by the end of that year.In June 2005 Trend Micro acquired Kelkea, a US-based developer of antispam software. Kelkea developed Mail Abuse Prevention System and IP filtering software that allowed internet service providers to block spam and phishing scams. Kelkea chief executive officer Dave Rand was retained by Trend Micro as its chief technologist for content security.In March 2007, Trend Micro acquired freeware antispyware program HijackThis from its creator Merijn Bellekom for an undisclosed sum. Trend Micro delisted its depository shares from the NASDAQ stock exchange in May. Later that year, in October, Trend Micro acquired US-based data loss prevention software developer Provilla. Provilla was the creator LeakProof, software that allowed companies to block the transmission of sensitive data and warn security managers about transmission attempts.Trend Micro acquired Identum in February 2008 for an undisclosed sum. Identum, which was founded in and later spun-off from the University of Bristol cryptography department, developed ID-based email encryption software. Identum's chairman was serial entrepreneur, Steve Purdham. The two companies were originally in talks for Trend Micro to license Identum's technology, but Trend Micro later decided to purchase the firm outright. Identum was renamed Trend Micro and its encryption technology was integrated into existing Trend Micro products. Existing Identum products were continued but sold under the Trend Micro brand. Also that year, Trend Micro sued Barracuda Networks for the latter's distribution of ClamAV as part of a security package. Trend Micro claimed that Barracuda's use of ClamAV infringed on a software patent owned by Trend Micro for filtering viruses on an Internet gateway. On 19 May 2011, the U.S. Patent and Trademark Office issued a Final Rejection in the reexamination of Trend Micro's U.S. patent 5,623,600.In April 2009, Trend Micro acquired Ottawa, Canada-based Third Brigade for an undisclosed sum. Third Brigade developed host-based intrusion prevention and firewall software that had been used by Trend Micro in its Trend OfficeScan anti-malware suite for two years prior to acquiring Third Brigade. Third Brigade was reincorporated as Trend Micro Canada Technologies.

2010s

Trend Micro acquired UK-based humyo in June 2010 for an undisclosed sum. humyo provided cloud-based data storage and synchronization services to small businesses and individuals. Later that year, in November, Trend Micro acquired Mobile Armor. Mobile Armor was a developer of full disk, file and folder, and removable media encryption for mobile devices. Trend Micro integrated the company's technology into a centrally-managed platform for mobile device security.In June 2012, Trend Micro acquired US-based Secure Sockets Layer certificate provider AffirmTrust for an undisclosed sum. Trend Micro followed up with another acquisition, Taiwanese advanced network-security firm Broadweb, in October 2012. Broadweb was a developer of deep packet inspection technology that had the ability to block malicious data packets in real-time. The technology was integrated into Trend Micro's Custom Defense Solution, a suite that was designed to provide network-wide visibility and protection against advanced attacks and threats.Trend Micro relocated its US headquarters to the Las Colinas area of Irving, Texas in September 2013. The relocation allowed the company to consolidate operations previously housed in Cupertino, California and Arlington, Texas.In September 2014, Trend Micro began a partnership with INTERPOL wherein Trend Micro shared with the international police organization information on cybercrime threats via the company's Threat Intelligence Service. According to INTERPOL, the information helped the international police organization and its 190 member countries decrease cybercrime on a global scale. Trend Micro also provided a cybercrime investigation training program to INTERPOL.Also in 2014, Trend Micro expanded its Cloud App Security to protect with Microsoft Office 365 from threats not caught by native Microsoft Security. By 2016, the Cloud App Security software was expanded to cover Box, Dropbox and Google Drive.In October 2015, Trend Micro reached an agreement to buy TippingPoint, a network and software security developer from HP Inc. for $US300 million. This included the bug bounty program, the Zero Day Initiative which was incorporated in Trend Micro Research's focus on existing threats, vulnerabilities, and future potential security issues.That same year, Trend Micro was certified as a VCE validation ready solution and Vblock ready through the VCE Technology Alliance Partner program. Later, Trend Micro joined the VCE Select Program, which allowed Trend Micro's Deep Security to be bundled with VCE's converged and hyper-converged infrastructure systems.Gartner named Trend Micro to the "Leaders" ranking of its Magic Quadrant rating for endpoint protection platforms in 2015, 2016 and 2017. In 2016, Trend Micro discovered that a variant of a virus affecting Android phones was able to infect smart TVs.Trend announced the launch of a $US100 million venture capital investment fund in June 2017 focused on the next generation of technology including the Internet of Things . In September 2017, Trend Micro was awarded reimbursement through the U.S. District Court for a portion of the legal fees incurred over rejected patent claims filed by Intellectual Ventures. The company subsequently launched Trend Forward Capital. The venture's initial investments included business-to-business payment company Veem, wearable device company Muse, telemetry company Mojio and brain health technology company Interaxon.In November 2017, Trend Micro acquired IMMUNIO, adding new capabilities for hybrid cloud security that fit neatly into the DevOps life cycle. IMMUNIO introduced early detection and protection against application vulnerabilities and container image scanning allowing for the publishing and protection of secure container images.In December 2017, Trend partnered with Telco Systems to develop a virtual network cybersecurity platform combining Trend's Virtual Network Function Suite with Telco's NFVTime software.In April 2018, Trend Micro joined the Cybersecurity Tech Accord, a public agreement between companies to defend all customers from malicious attacks by cybercriminal gangs and nation states.In August 2018, researchers discovered that several Trend Micro consumer products for MacOS were capturing browser history and other data, including passwords, and sending it to a remote server for initial analysis designed to enhance security. The products identified were Dr. Cleaner, Dr. Cleaner Pro, Dr. Antivirus, Dr. Unarchiver, Dr. Battery, Duplicate Finder and Open Any File. As a consequence, Apple removed the Trend Micro products from its Mac App Store. Trend Micro admitted that the products had captured and uploaded the data. It also apologized to its "community for concern they might have felt", but went on to excuse the activity as being "humbly the result of the use of common code libraries", and that, in any event, appropriation of users' data was "explicitly disclosed in the applicable EULAs".In September 2018 Trend Micro and HITRUST announced a partnership to launch a new center which provides advanced cyber risk management. In November 2018 Trend Micro and Moxa Inc., announced the formation of a joint-venture corporation, TXOne Networks, which will focus on the security needs present in the Industrial Internet of Things environments.

Mission
We develop, deliver and support customizable, internet, security solutions, flexible enough to counter today’s constantly-evolving, Web-based threats. With more than two decades of global-scale endpoint, messaging and web security expertise, Trend Micro offers the most reliable protection against web attacks, data-theft, and more. Our goal is maximum threat protection with minimum complexity, thus ensuring: * Secure data and reputation * Reduced administrative costs * Regulatory compliance * Business continuity, despite rapidly-increasing and ever-evolving security threats
Vision
Our vision is to make the world a secure place for everyone to communicate and collaborate digitally, free from cyber threats.
Key Team

Ms. Jenny Chang (Chief Culture Officer & Co-Founder)

Mr. Kevin Simzer (Chief Operating Officer)

Mr. Max Cheng (Exec. VP of Core Technology & CIO)

Mr. Felix S. Sterling (Chief Legal Officer and Exec. VP Global Policy & Compliance)

Ms. Claudia Wu (Sr. VP of HR)

Mr. Oscar Chang (Exec. VP of R&D)

Mr. Dhanya Thakkar (Sr. VP of Asia, Middle East and Africa)

Recognition and Awards
Trend Micro has won numerous awards and accolades throughout the years, including most recently the 2018 SC Awards for Best Enterprise Security Solution, and 2019 Cybersecurity Excellence Award Winner in Endpoint Security and Privacy, amongst many others.
References
Trend Micro
Leadership team

Ms. Eva Chen (Co-Founder, Pres, Group CEO & Representative Director)

Mr. Mahendra Negi (Group CFO, Exec. VP & Representative Director)

Mr. Akihiko Omikawa (Exec. VP of Japan, GM of Japan, Global Consumer Bus. & IoT Bus. Promotion and Director)

Products/ Services
Cloud Security, Cyber Security, Security, Virtualization
Number of Employees
1,000 - 20,000
Headquarters
Tokyo, Tokyo, Japan
Established
1988
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
4704.T
Social Media