IBM’s security acquisition worth $1b

IBM, the world’s biggest technology services company, is buying Israeli security firm Trusteer, in an effort to strengthen its security offerings.

A person familiar with the matter said IBM was paying close to $US1 billion for Trusteer, making it the company’s second-largest acquisition of a security company after its 2006 purchase of Internet Security Systems for about $US1.3 billion.

Read more: IBM’s security acquisition worth $1b

Story added 19. August 2013, content source with full text you can find at link above.