Press Esc to close
Monday 30 March 2015
News updated at 12:52 AM IST
Weather
Max: 33.9°C
Min : 20.1°C
In Bengaluru
Sunny day

IBM acquires Israeli data security company

Jerusalem, Aug 16, 2013, (IANS) :
IBM Haifa Research Lab, Haifa, Israel. WIkipedia Image

US technology giant IBM announced that it has purchased Israeli data security company Trusteer, Globes economic daily reported.

According to the report, the deal is estimated to be valued at $630 million in addition to millions of dollars' salary payment to Trusteer's employees, Xinhua reported.

IBM will also set up an Israeli software lab where 200 engineers will conduct research and development on mobile device security apps and cloud-delivered security solutions.

"Trusteer's experience and superior technology in endpoint defence and advanced malware prevention will help our clients across all industries address the constantly evolving threats they are facing," IBM said in a statement Thursday.

"Together with IBM's capabilities in advanced threat detection, analysis and remediation, we will now be able to offer our clients several additional layers of defence against sophisticated attackers," it added.


Go to Top

Photo Gallery
A boy jumps from a raft into the Sabarmati river to cool off on a hot day...

A boy jumps from a raft into the Sabarmati river to cool off on a hot day...

Christian devotees during a procession as they celebrate 'Palm Sunday' in Bhopal on Sunday...

Christian devotees during a procession as they celebrate 'Palm Sunday' in Bhopal on Sunday...

Goats fighting on compound wall in Bengaluru on Sunday...

Goats fighting on compound wall in Bengaluru on Sunday...

A salvaged bank partially under water at Badshah Chowk after the city received rainfall in Srinagar.

A salvaged bank partially under water at Badshah Chowk after the city received rainfall in Srinagar.

Femina Miss India World 2015...

Femina Miss India World 2015...

Eunuch dance at a procession during All India Eunuch Conference in Beawar...

Eunuch dance at a procession during All India Eunuch Conference in Beawar...

A man pulls his camel as he sits in an auto rickshaw during a dust storm in Ahmedabad...

A man pulls his camel as he sits in an auto rickshaw during a dust storm in Ahmedabad...

New Zealand players congratulate the Australian team following their seven wicket win...

New Zealand players congratulate the Australian team following their seven wicket win...

Australian captain Michael Clarke celebrates  seven wicket victory over New Zealand...

Australian captain Michael Clarke celebrates seven wicket victory over New Zealand...

Australia's captain Michael Clarke holds the Cricket World Cup trophy after they defeated...

Australia's captain Michael Clarke holds the Cricket World Cup trophy after they defeated...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523