Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Data Protection

HP to Acquire Encryption Solutions Provider Voltage Security

Enterprise technology giant HP announced on Monday afternoon that it has agreed to acquire data security solutions provider Voltage Security for an undisclosed sum.

Enterprise technology giant HP announced on Monday afternoon that it has agreed to acquire data security solutions provider Voltage Security for an undisclosed sum.

According to HP, Voltage’s encryption and tokenization solutions will become part the HP Atalla portfolio and help HP expand its offerings in data classification, payments security, encryption, tokenization and enterprise key management.

Voltage Security Logo

HP Logo“Voltage’s proven data-centric encryption and tokenization technology will complement HP Atalla, HP’s information security and encryption business, helping our 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,” Art Gilliland, Senior Vice President and General Manager of Enterprise Security Products, noted in a blog post. “This announcement 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.”

Voltage’s enterprise solutions allow customers to use protected data in applications without having to re-architect their applications or adopt fragmented frameworks. Additionally, Voltage’s Identity Based Encryption technology allows for a more simple enterprise email security system on premise and on mobile devices.

Voltage enables end-to-end protection of payments systems, from card swipe to back-end tokenization, and currently serves six of the largest payment processors in the United States.

HP said the transaction is expected to close in the first half of fiscal 2015, subject to customary closing conditions. 

Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Artificial Intelligence

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.

Compliance

The three primary drivers for cyber regulations are voter privacy, the economy, and national security – with the complication that the first is often...

Data Protection

While quantum-based attacks are still in the future, organizations must think about how to defend data in transit when encryption no longer works.

Application Security

Virtualization technology giant VMware on Tuesday shipped urgent updates to fix a trio of security problems in multiple software products, including a virtual machine...

Application Security

Fortinet on Monday issued an emergency patch to cover a severe vulnerability in its FortiOS SSL-VPN product, warning that hackers have already exploited the...

Cybersecurity Funding

Los Gatos, Calif-based data protection and privacy firm Titaniam has raised $6 million seed funding from Refinery Ventures, with participation from Fusion Fund, Shasta...