Trend Micro could fall into the hands of new owners. The cybersecurity company is considering a possible takeover.

Reuters writes, based on anonymous sources, that Trend Micro would not shy away from a sale. The Japanese security company is said to be working with investment banks to search for potential buyers. Partly due to the weakening of the Japanese yen, but also due to the weakening performance of the company itself, Trend Micro is a potentially interesting purchase.

It remains unclear whether there are any interested parties and who they might be. Reuters sources say it is not certain whether a takeover will actually take place, but Trend Micro is considering it. The company’s market value is estimated at 950 billion yen, equivalent to $6.5 billion.

Trend Micro itself has not yet communicated about the news. The only thing the company wants to say for now is that it will continue to focus on its business activities. Trend Micro is heavily focused on using AI in its security portfolio to quickly respond to potential threats. The company also recently announced a customized platform for SMBs.

For now, we have to wait for more information. We will update this article as soon as more information becomes available.