Anti-virus (or, as they refer to themselves, “global leader in Internet content security”) company Trend Micro has entered into an agreement with Humyo. Humyo is, apparently, a “leading online storage provider”; I must have somehow missed reading anything about them. The company is based in the UK, and offers automatic data synchronisation to a cloud-based file storage service. This is typically called “online backup”, and that appears to be what Trend Micro hopes to offer after the acquisition is completed:
The humyo acquisition will allow Trend Micro to expand its security promise to its consumers, small businesses and service providers, by affording them with secure backup, recovery and constant access. Analyst firm IDC has estimated that the Internet storage backup market will achieve an annual growth rate of over 25 percent from 2009 to 2011. Through this alignment with Trend Micro, a proven security leader, the current users of humyo products and services will have access to additional Internet content security choices and development of new features. Currently over 700 thousand users store more than 350 million files in humyo’s secure datacenters. humyo currently offers local telephone and e-mail support in three languages.
This fits into a broader strategy to expand from PC security solutions to more cloud-based services. Or, as they say it, “providing security from and for the cloud”. Financial details for the deal have not been announced; according to the Humyo blog the service will be rebranded but the storage team will stay intact.
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This is great news for people who trust trend micro as their security provider. It tells me that there are big demand for online backup services and solutions. As you mention in your article that the market will grow 25%.
Great info.
-Brian
I don’t necessarilly agree with everything you’ve written here, but it was still an interesting and actually quite enlightening read. Thanks.