IBM has chosen India as one of the three global destinations to deploy its security researchers.

“We are gearing up to cater to the global market opportunity for security spend, which is around $100 billion. We are planning to increase investments in our two software laboratories in Pune and Bangalore in 2008,” IBM’s Worldwide Evangelist for Security Pierre Noel told PTI.

This investment, which would come as part of IBM’s US$ 1.5 billion security initiative, will fund the IT major’s ongoing projects to develop new security products in India, Mr Noel said.

According to IBM, it has signed services deals worth $1.4 billion in Q4 FY08 in India.