Humyo buy takes Trend into online storage

Trend acquires online consumer and small business storage service provider humyo

Tags: Cloud computingMergers and acquisitionsTrend Micro Middle East
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Humyo buy takes Trend into online storage Chen says that humyo is a strategic fit with Trend's cloud computing plans.
By  Mark Sutton Published  June 17, 2010

Trend Micro is moving into cloud storage, with the purchase of UK-based online storage provider humyo.

Trend has bought the storage provider, which currently caters for 700,000 users and 350 million files, for an undisclosed amount, in order to be able to tap into the growing market for online storage and back up.

IDC estimates the market for online storage will grow by 25% between 2009 to 2011, and Trend believes that humyo's consumer and small busness will be a good fit with its existing data protection range.

"humyo's superior data synchronization technology -- which allows multiple devices including PCs, Macs and smartphones to automatically backup to a common folder in the cloud so that consumer users can easily access their data from whatever device they have in hand -- is a clear differentiator that helps to ensure that users' files are always safe and secure as well as effortlessly organized," said Eva Chen, CEO, Trend Micro. "Their online storage--basically a cloud technology--fits into our strategy of providing security from and for the cloud."

The humyo solution is web browser based, with automatic data synchronization of files to a secure online storage centre across all of a users selected computers and Internet-connected devices. Users can also download humnyo SmartDrive software, to create a virtual drive on their PC which replicates and synchronizes with files stored online.

"The growth in mobile devices, iPad and Internet-enabled televisions means people want access to what they want, when they want it, and on whatever device they have with them," said Dan Conlon, co-founder and managing director, humyo. "Online storage with synchronization makes that happen. Google and Microsoft are behind the curve on this and by teaming with Trend Micro, known for its innovation and its global market presence, we'll push the boundaries even further to make Trend Micro online storage the global choice."

Financial details of the deal have not been released.

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