IBM Security closes acquisition of Resilient Systems
Armonk, NY-based IBM Security announced on April 6 that it has completed the acquisition of Resilient Systems Inc., a privately held provider of incident response solutions. IBM Security had previously announced it had entered into a definitive agreement to acquire Resilient Systems. Financial terms were not disclosed.
The company, now known as Resilient, an IBM Company, joins the IBM Security business unit and will be part of a significant expansion of the company’s capabilities in the incident response marketplace. Resilient’s technology automates and orchestrates the many processes needed when dealing with cyber incidents – from breaches to lost devices.
“The combination of Resilient’s people – top thought leaders in the incident response marketplace – and their technology is a differentiating addition to our security business,” said Marc van Zadelhoff, general manager, IBM Security. “Our investments in threat detection and prevention have helped us move into a leadership position in the security market. With Resilient, we’re expanding the capabilities we bring to customers, helping them manage the complexities in resolving security incidents, including the coordination of teams, best practices, and reporting.”
IBM already is the Security Intelligence leader, enabling businesses to detect and prevent breaches. IBM reached $2 billion in security revenue, outgrew the market, and hired 1,000 new experts into its security business in 2015.
“The Resilient team is delighted to be joining IBM Security,” said John Bruce, CEO, Resilient, an IBM Company. “Together, we will be a powerful force helping organizations to manage the evolving security challenges that they face. With the scale of IBM research, development and investment behind us, we’re excited about the possibilities for innovation and to engage with new clients around the world.”
Source: IBM Security