October 4, 2011 – IBM continued its spree of analytics acquisitions Tuesday, this time with an announced deal to buy security information provider Q1 Labs.
In the deal for the privately held, Massachusetts-based software company, IBM will fold Q1 and other recent analytics acquisitions into its recently formed Security Systems division. That new division will be led by Q1 CEO Brendan Hannigan, and also involves IBM’s Tivoli, Rational and Information Management security software, appliances, lab offerings and services, according to an IBM news release on the deal.
Q1 Labs provides software for analytics and data correlation that detects and alerts actions across an enterprise that would suggest a breach or access to unauthorized information. Along with involvement in the new security division, IBM stated that it would use analytics capabilities from Q1 toward its products and services for identity and access management, database security, application security and risk management.
Robert LeBlanc, SVP of IBM Middleware Software, in a news release on the deal called the focus on analytics in its new security division a “bold step” in addressing the increase in threats to information. IBM has already announced it is making available to clients a cloud-based service of Q1’s security information and event management offering.
IBM stated it has reached a definitive agreement to buy Q1, though financial terms of the deal were not disclosed.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access