Slashdot Mirror

← Back to Stories (view on slashdot.org)

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. The real reason behind the purchase... by Nrbelex · · Score: 1, Offtopic

    Can anyone honestly think of a better tax-haven than space? I mean really, what's the rate up there these days?

  2. Let Me Be... by faqmaster · · Score: 1, Offtopic

    Let me be one of the first thousand to say, "Why would IBM buy the International Space Station?"

    In Soviet Russia, Space Station buys you!

    All your space station are belong to IBM!

    (Whatever happened to Natalie Portman? I hardly ever see her around here any more.)

    --
    Are you...Are you some kind of genius?
    No, ma'am, I'm just a regular Slashdot reader.