IBM to Buy ISS for $1.3 Billion

Posted by ryuzaki0 on Wednesday August 23, 2006 @04:43AM 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."

1 of 219 comments (clear)

Re:Nice headline by Hoi+Polloi · 2006-08-23 05:27 · Score: 0, Troll

Well IBM probably has the money to buy the ISS since it sure isn't spending any on making UDB DB2 a better product.

--
It is by the juice of the coffee bean that thoughts acquire speed, the teeth acquire stains. The stains become a warning