TippingPoint, part of Trend Micro Security, is an American software company founded in 1999 with focus on network security products, particularly intrusion prevention systems for networks.

History

The company was founded in January 1999 under the name Shbang! in

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

. Its co-founders were John F. McHale, Kent A. Savage (first chief executive), and Kenneth A. Kalinoski. Its business was to develop and sell

Internet appliances An Internet appliance is a consumer device whose main function is easy access to Internet services such as WWW or e-mail. The term was popularized in the 1990s, when it somewhat overlapped in meaning with an information appliance, Internet com ...

. In May 1999, the company changed its name to Netpliance and in November they released the I-Opener, a low-cost computer intended for browsing the

World Wide Web The World Wide Web (WWW), commonly known as the Web, is an information system enabling documents and other web resources to be accessed over the Internet. Documents and downloadable media are made available to the network through web se ...

. The hardware was sold at a loss, and costs were recouped through a subscription service plan. When the device was found to be easily modded to avoid the service plan, Netpliance changed the terms of sale to charge a termination fee. In 2001, the Federal Trade Commission fined the company $100,000 for sales and billing practices. In 2002, the company discontinued operations of its internet appliance business and renamed itself TippingPoint. CEO Savage was replaced by chairman of the board McHale. McHale stepped down in 2004, but remained chairman of the board. The position was filled by Kip McClanahan, former CEO of BroadJump. In January 2005, TippingPoint was acquired by the network equipment company

3Com 3Com Corporation was an American digital electronics manufacturer best known for its computer network products. The company was co-founded in 1979 by Robert Metcalfe, Howard Charney and others. Bill Krause joined as President in 1981. Metcalfe e ...

for $442 million, operating as a division of 3Com led by James Hamilton (TippingPoint President), later replaced by Alan Kessler. 3Com itself was subsequently acquired by computer manufacturer Hewlett-Packard in April 2010 for approximately $2.7 billion. On Oct 21, 2015, TippingPoint was acquired by

Trend Micro is an American-Japanese multinational cyber security software company with global headquarters in Tokyo, Japan and Irving, Texas, United State.Other regional headquarters and R&D centers are located around East Asia, Southeast Asia, Europe, an ...

for approximately $300 million.

Technology

The TippingPoint NGIPS is an network Intrusion Prevention System (IPS) deals with IT threat protection. It combines application-level security with user awareness and inbound/outbound messaging inspection capabilities, to protect the user's

applications Application may refer to: Mathematics and computing * Application software, computer software designed to help the user to perform specific tasks ** Application layer, an abstraction layer that specifies protocols and interface methods used in a c ...

, network, and

data In the pursuit of knowledge, data (; ) is a collection of discrete values that convey information, describing quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further interpret ...

from threats. In September 2013, HP announced that it entered the next-generation firewall market with a new line of TippingPoint firewalls. The line extends TippingPoint's existing IPS appliances with traditional stateful packet filtering and application control.http://searchnetworking.techtarget.com/news/22 40205649/HP-launches-Tipping-Point-firewall-with-next-generation-app-control

References

;Notes * * http://www.crn.com/news/security/300078537/trend-micro-to-acquire-hp-tippingpoint-for-300m.htm

External links

TippingPoint Website

SEC search on netpliance
{{DEFAULTSORT:TippingPoint American companies established in 1999 Companies based in Austin, Texas Database security Hewlett-Packard acquisitions HP software Static program analysis tools Software companies based in California Companies established in 2003 Software companies of the United States