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.
Published: February 23, 2016

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.

SSI Newsletter

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

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series