Dell is acquiring data encryption vendor Credant Technologies in a move that it said would strengthen its data...
protection offerings for laptops, mobile devices and cloud computing initiatives.
Financial terms of the deal were not disclosed.
Addison, Texas-based Credant Techologies sells file and folder-based encryption and recently added full disk encryption to its portfolio. In addition to supporting the Windows and Mac OS X platforms, Credant can provide encryption for Apple iOS devices. It also supports encryption using the Trusted Platform Module (TPM) chips found in laptops, some smartphones and embedded systems. The company's management software also supports BitLocker.
The company has maintained a close partnership with Dell, integrating Credant full disk encryption within the Dell BIOS, according to a recent research report from Gartner. Dell said the acquisition gives its customers the opportunity to be flexible with encryption deployments, choosing between FDE and file and folder encryption as well as simplified management for more complex deployments.
“The Credant assets will complement and extend current Dell device security features to make Dell Latitude, OptiPlex and Dell Precision computers among the world’s most secure,"said Jeff Clarke, president, End User Computing Solutions at Dell in a statement. "When combined with the change in compute behaviors and data in-flight, Dell can now offer a differentiated security proposition based on its own intellectual property.”
Bob Heard, founder and CEO of chief executive officer and founder of Credant praised the deal, indicating that the company will be more exposed to Dell's customer base. "Together,we will continue to focus on innovation and building value that result in beneficial outcomes for our customers,” he said in a statement.
Credent competes with McAfee, Symantec, Check Point and Sophos which provide data encryption for devices. Microsoft also provides BitLocker, which supports hardware encryption in Windows 8.