HP to Acquire Voltage Security to Expand Data Encryption Security Solutions for Cloud and Big Data
Voltage Security® today announced that it has signed a definitive agreement to be acquired by HP. Voltage’s proven data-centric encryption and tokenization technology will complement HP’s security portfolio, helping customers protect their most sensitive information whether it lives in the cloud, across mobile platforms, in big data environments, or within legacy computer systems for critical regulatory compliance.
HP is a trusted security partner across many industries, including financial services, healthcare, retail and the public sector. Voltage’s powerful data-centric protection solutions will join HP Atalla, HP’s information security and encryption business, expanding HP’s offerings in data classification, payments security, encryption, tokenization and enterprise key management.
HP has the scale and resources to support Voltage customers, helping them take a more proactive defense against adversaries and protect their data from the moment it’s created throughout its entire life cycle. With Voltage, HP will offer customers unparalleled data protection capabilities built to close the gaps that exist in traditional encryption and tokenization approaches.
Voltage’s data-centric strategy aligns with HP’s focus on end-to-end protection of the data itself, helping enterprises neutralize the impact of a breach and proactively combat new security threats. This is particularly important for enterprises that interact with financial payments systems, manage workloads in the cloud, or whose sensitive data flows into Hadoop for analytics – making them attractive targets for cyber-attackers.
Voltage’s highly innovative security solutions are an ideal match for supporting and expanding the HP Atalla portfolio. The addition of Voltage technology will continue HP’s leadership as a highly trusted security platform across industries, protecting the most sensitive information of modern organizations as they transition to cloud and big data ecosystems.
The transaction is expected to close in the first half of HP’s fiscal 2015, subject to customary closing conditions. For additional information, read more at HP Next.