IBM Security Acquires Cybersecurity Company Resilient Systems, Report Says

Xconomy reports the deal is worth more than $100 million. It is the third cybersecurity company IBM Security has acquired since 2011.

CAMBRIDGE, Mass. — IBM Security has acquired cybersecurity company Resilient Systems, according to Xconomy.

The report says the deal is worth more than $100 million with other financial details still unknown. Resilient Systems and IBM Security are both based here.

IBM Security has purchased cybersecurity companies in the past: Q1 Labs in 2013 and Trusteer in 2013, according to the report.

Resilient Systems was founded in 2010 and was formerly known as Co3 Systems. Its specialty is incident response in the event of a cyberattack, and the company has just under 100 employees.

CHECK OUT NEXT: Survey: 65% of Businesses Expect to Suffer an Information Security Breach

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.

A FREE subscription to the top resource for security and integration industry will prove to be invaluable.

Subscribe Today!

Get Our Newsletters