IBM confirms acquisition

December 1, 2009

As expected, IBM on Tuesday announced the acquisition of Waltham, Mass.-based database security start-up Guardium. IBM said the acquisition will improve its ability to help businesses safeguard sensitive information from internal threats and external hackers by continuously monitoring access to critical databases. The financial terms of the deal were not disclosed, but Israeli financial newspaper, TheMarker, estimated the buy at $225 million. — AM

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IBM confirms acquisition

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