Cybersecurity firm Trend Micro, valued at $6.5bn, explores sale amid weak yen, stock underperformance.

Cybersecurity firm Trend Micro, with a market value of approximately $6.5bn, is reportedly considering a sale following interest from potential buyers. The company has been attracting interest due to a weakening yen in recent weeks and underperformance of its stock compared to Japanese peers. Founded in 1988, Trend Micro has expanded its offerings to include cloud computing, network, and endpoint security.

August 08, 2024
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