IBM has acquired ISS

Posted by | August 24, 2006 | blog, Management | 7 Comments

IBM has acquired Internet Security System Inc. by spending about $1.3bn. IBM is on a drive to spend about $3.6bn to acquire new services and infrastructure, which may revive its ongoing ‘slump’ in growth. ISS in other words may help IBM to had ‘security management’ as on of its various branches of services. By acquiring ISS, IBM has joined the competing array of Symantec Corp, CA Inc., and EMC Corp. Such an acquisition only goes on to show that IBM is trying to stabilise its growth by branching itself into various products and services. And Security Management is one of the critical area, where most of the large companies are at the movement concentrating. Security Management has become an area of concern and importance. Large players to create a niche in the market for themselves are absorbing many of the smaller players. Well one needs to wait and watch, as to how this new acquisition will help the growth graph of IBM?

7 Comments

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