In its second-largest acquisition, Amazon buys the company for $970 million.
Trustwave announced today it is acquiring BitArmor, a provider of data encryption technology. The purchase price was not disclosed.
Security firm Trustwave today acquired BitArmor, a provider of data encryption solutions. The purchase price was not disclosed.
BitArmor’s Smart Tag data encryption software protects sensitive data, such as credit card information. Trustwave says it will integrate the technology into its software offerings.
“This acquisition enables us to help businesses meet evolving data security and compliance requirements as dictated by industry standards, such as the Payment Card Industry Data Security Standard, and regulations that mandate the protection of personally identifiable information,” says Robert J. McCullen, Trustwave chairman and CEO.
BitArmor CEO Patrick McGregor will serve as a senior vice president of Trustwave.