.svg) Logo as of 2008 | |
| Industry | Telecommunications hardware |
|---|---|
| Founded | 1999 |
| Headquarters | Austin, Texas |
Number of employees | 700 (2015) |
| Parent | Trend Micro |
| Website | tippingpoint.com at theWayback Machine (archived 2009-03-16) |
TippingPoint Technologies was an American computer hardware and software company active between 1999 and 2015. Its focus was on network security products, particularlyintrusion prevention systems for networks. In 2015, it was acquired byTrend Micro.
The company was founded in January 1999 under the nameShbang! inTexas.[1]Its co-founders were John F. McHale, Kent A. Savage (first chief executive), and Kenneth A. Kalinoski. Its business was to develop and sellInternet appliances.[2]
In May 1999, the company changed its name toNetpliance and in November they released thei-Opener, a low-cost computer intended for browsing theWorld Wide Web. 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, theFederal Trade Commission fined the company $100,000 for inaccurate advertising and unfair billing of customers.[3][4]
In 2002, the company discontinued operations of its internet appliance business and renamed itself TippingPoint.[5] 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 company3Com for $442 million,[6] operating as a division of 3Com led by James Hamilton (TippingPoint President), later replaced by Alan Kessler. 3Com itself was subsequently acquired by computer manufacturerHewlett-Packard in April 2010 for approximately $2.7 billion.[7]
On October 21, 2015, TippingPoint was acquired byTrend Micro for approximately $300 million.[8]
The TippingPoint NGIPS is a 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'sapplications,network, anddata from threats.
In September 2013, HP announced that it entered thenext-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.[9]
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