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IBM to Buy ISS for $1.3 Billion

Posted by ryuzaki0 on from the here-comes-the-licensing-shift dept.

gerald626 writes "IBM announced today that they have formed an agreement to purchase ISS for 1.3 billion dollars." From the article: " The all-cash transaction of about $28 per share is meant to bolster IBM's ability to deliver security services to corporations, the company said. ISS builds network protection products and services, including intrusion detection and monitoring tools. IBM said it intends to use ISS's expertise and software to provide more robust security-related services to its corporate customers."

2 of 219 comments (clear)

  1. Re:Nice headline by SillyNickName4me · · Score: 3, Interesting

    Hmm.. back when I used to work there it was usually "I've Been Moved", refering to the yearly seemingly random redistribution of people throughout the company that was policy at the time.

  2. Finally! A commercial reason for space habitats! by alienmole · · Score: 4, Interesting

    You may have hit on something here -- if all the world's megacorps decided they needed jurisdiction-free headquarters in space, the problem of humanity being stuck on planet Earth would be solved! Before this decade is out, we could have a space-based population consisting of hundreds of thousands of CxOs, lawyers, accountants, and their support staff.

    Perhaps we've been looking in all the wrong places for the Right Stuff? The future of space is... cubicles!