Trend Micro Buys Small Anti-Spyware Company

Trend Micro has entered into an agreement to acquire anti-spyware product developer, InterMute. Trend Micro will pay about $15 million for InterMute, which only consists of around 35 people. "Trend Micro continues to be wholly focused on providing our customers with security solutions that offer advanced protection against unpredictable, malicious threats," said Eva Chen, CEO and co-founder of Trend Micro. "Spyware continues to evolve and cause concern and damage, but not all spyware can be handled the way viruses and worms are. Customers need effective solutions to remove spyware, but must also be given the flexibility on how to manage it. The acquisition of InterMute further strengthens our ability to execute upon our anti-spyware strategy and their technology and products are entirely complementary to our own. We expect to deliver combined solutions to market quickly." latest ebusiness news