Student Spin Out Company Gets Bought By Major US Company
10 March 2008
Matthew Baldwin's final year project in 2002 on email encryption resulted in him setting up a company called Identum, with help from academic members of staff in the Dept of Computer Science. Last month Trend Micro Incorporated, a global leader in Internet content security, announced the acquisition of Identum.
Under its new name, Trend Micro (Encryption) Ltd., the company will integrate its encryption technology into existing Trend Micro solutions. According to Eva Chen, CEO and co-founder of Trend Micro, the goal of this acquisition is to ensure an even safer, more secure Internet experience for the company's global customers.
"Our team of cryptography experts is excited at the opportunity to join Trend Micro, a company lauded for its innovative security solutions," said Andy Dancer, chief technical officer of Identum.
Matthew Baldwin said "It is really nice to have been involved in a company from the inception of the idea, during my undergraduate degree, through to its acquisition".