IBM Set To Acquire Cisco-backed Database Security Startup Guardium For $225 Million
Summary
Rumors have been swirling that IBM will be acquiring database security company Guardium after the Israeli financial newspaper, The Market, reported the acquisition yesterday (translated version here). This year alone, IBM has acquired six companies, including RedPill Solutions, SPSS, Ounce Labs, Exeros and Outblaze. The startup protects databases for Microsoft, IBM, Oracle, Sun Microsystems and other companies. IBM is furthering its strategy of investing in systems software for the enterprise, as opposed to hardware. IBM refused to comment on the acquisition of Guardium but the deal is expected to close in the next few days.
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