Categories: CloudSecurity

HP Adds Voltage To Security Offerings With Acquisition

HP has agreed to acquire Voltage Security, a company founded in 2002 that specialises in protecting data across multiple environments, including data centres and mobile platforms.

The company’s technology will become part of HP’s Atalla security portfolio, which is intended to help companies protect data as it interacts with payment systems or cloud-based services.

Cloud security

“With Voltage, HP plans to offer customers unparalleled data protection capabilities built to close the gaps that exist in traditional encryption and tokenisation approaches,” HP executive Art Gilliland said in a blog post announcing the deal.

“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 technology allows companies to use encrypted data in applications without having to rework those applications or adopt fragmented approaches, according to Gilliland.

Instead, Voltage makes use of a single framework that extends across the data centre to cloud and Hadoop environments, Gilliland said.

Identity-based encryption

He also singled out Voltage’s identity-based encryption technology, intended to secure email communications both on-premises and on mobile devices.

Voltage said it has clients in the financial services, healthcare, retail, telecommunications, manufacturing, media, military, oil and gas and education sectors.

Terms of the deal, which is expected to close in the first half of HP’s fiscal 2015, were not disclosed.

Are you a security pro? Try our quiz!

Matthew Broersma

Matt Broersma is a long standing tech freelance, who has worked for Ziff-Davis, ZDnet and other leading publications

Recent Posts

SoftBank Promises To Invest $100bn In US

Japanese tech investment firm SoftBank promises to invest $100bn during Trump's second term to create…

16 hours ago

Synopsys, SiMa.ai To Collaborate On AI Car Chips

Synopsys to work with start-up SiMa.ai on joint offering to help accelerate development of AI…

17 hours ago

AI Start-Up Basis Raises $34m For Accountancy Agent

Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make…

17 hours ago

Databricks Raises $10bn In Huge AI Funding Round

Data analytics and AI start-up Databricks completes huge $10bn round from major venture capitalists as…

18 hours ago

Congo Files Complaints Against Apple Over Conflict Minerals

Congo files legal complaints against Apple in France, Belgium alleging company 'complicit' in laundering conflict…

18 hours ago