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Security: Article

IBM Acquires Cisco-Backed Database Protector

It will integrate Guardium with its information management software portfolio
By Maureen O'Gara
Article Rating:
December 4, 2009 02:15 PM EST
Reads:
 2,595

Mergers & Acquisitions on Ulitzer

IBM has acquired Guardium, a seven-year-old subsidiary of Israel's Log-On Software transplanted to Massachusetts, for its real-time enterprise database security.

It's supposed to protect data against hacking and fraud by continuously monitoring database access and activity and reduce operational costs by automating regulatory compliance. The widgetry works with Microsoft, Oracle and IBM among others and is installed in 350 data centers worldwide including 60 Global 500 and Fortune 1000 companies according to its web site.

The deal closed Monday. Financial terms were not disclosed but the figure is supposedly ~$225 million and, by report, more than IBM wanted to pay. According to Haaretz, the Israeli daily, IBM has been after the firm since January. Guardium only raised $21 million in start-up capital from Cisco, Veritas Venture Partners, Ascent Ventures and StageOne Ventures.

The widgetry is designed for cross-platform environments, identifies patterns and anomalies in data access and usage and is supposed to spot fraud and unauthorized access via enterprise applications such as an organization's ERP, CRM or data warehousing solutions.

IBM says it will integrate Guardium with its information management software portfolio. It's the unit's 28th acquisition.

Published December 4, 2009 – Reads 2,595
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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