ESET Acquires Data Encryption Leader DESlock+

News provided by

Sep 23, 2015, 11:00 ET

SAN DIEGO, Sept. 23, 2015 /PRNewswire/ -- ESET®, a global pioneer in IT security for more than two decades, today announced the acquisition of data encryption company DESlock+. ESET plans to fully integrate the DESlock+ core technology into its existing business and consumer product lines. Financial details of the transactions were not disclosed.

Data protection and privacy are among the top concerns of both companies and individuals, with government agencies enforcing regulations that require businesses and organizations to implement security measures, including encryption, to protect the data of their users.

"A recent survey we conducted among businesses shows that two out of every three companies see a need for encryption as part of their standard endpoint security solutions," said Ignacio Sbampato, Chief Sales and Marketing Officer at ESET. "We had very good results offering DESlock+ encryption solutions as part of our ESET Technology Alliance, and we believe our customers will be very happy to see that we are taking that partnership even further. Acquiring DESlock+ will allow us to complement our ESET security products with a great encryption technology."

DESlock+, based in Taunton, England specializes in advanced encryption solutions and has been a successful partner within ESET's Technology Alliance since 2013. With the acquisition, ESET has also added a new Research & Development location, which will increase the company's ability to recruit local talent in the UK.

The DESlock+ team of 12 employees was formerly led by David Tomlinson, the company's Managing Director. With the acquisition, Tomlinson transitions into a new role as manager of ESET's encryption business unit. No personnel changes are planned and all DESlock+ employees are now a part of ESET.

"Our team is very excited about our future within the ESET family and we look forward to continuing to build leading technology that protects personal and enterprise data," said Tomlinson.

DESlock+ is a powerful tool with patented share-key management that offers a number of encryption features. It includes web browser-based secure remote management, a mobile edition for iOS® and a portable client DESlock+ Go, allowing secure data access on workstations that do not have DESlock+ installed.

About ESET
Since 1987, ESET® has been developing record award-winning security software that now helps over 100 million users Enjoy Safer Technology®. Its broad security product portfolio covers all popular platforms and provides businesses and consumers around the world with the perfect balance of performance and proactive protection. The company has a global sales network covering 180 countries, and regional offices in Bratislava, San Diego, Singapore and Buenos Aires. For more information visit www.eset.com or follow us on LinkedIn, Facebook and Twitter.