Skip to main content

Trusteer

IBM's security acquisition worth $1b

posted onAugust 19, 2013
by l33tdawg

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.