International Business Machines Corp., the world’s largest seller of computer services, agreed to buy Israeli security-software maker Trusteer Inc., giving it fresh tools to fight the ever-escalating tactics of hackers.
IBM is paying more than $800 million for the company, said a person familiar with the deal, who asked not to be identified because financial terms weren’t disclosed. As part of the transaction, IBM will form a cybersecurity software lab in Israel with more than 200 researchers from both companies, according to a statement today.
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