IBM announced its plans to acquire US based Cyber-Security Firm Resilient Systems, Inc as part of a move to expand its role in the incident response market. This enables clients to respond and mitigate cyber incidents more quickly while helping minimize their exposure. Terms of the deal were not disclosed.
As per the company, the transaction is expected to close later this year, subject to any required regulatory reviews.
“We are excited to be joining IBM Security, the industry’s fastest-growing enterprise security company,” said John Bruce, Resilient Systems Co-Founder and CEO. “By combining, the market now has access to the leading prevention, detection and response technologies available in the same portfolio – the security trifecta.”
As per IBM, upon close of acquisition, the company will enable faster and more effective response to potentially damaging security threats and breaches by uniting the world’s leading Security Intelligence and Incident Response capabilities.
IBM also launched new X-Force Incident Response Services, which include consulting and managed security services to help clients manage all aspects of responding to a cyber breach. IBM X-Force security experts will help clients develop response strategies, including Computer Incident Response Team playbooks, and a means to more effectively discover, track, respond to and report on security incidents. These new capabilities will be further enhanced through the planned acquisition of Resilient Systems.
Resilient Systems is based in Cambridge, Mass., with approximately 100 employees. Resilient Systems has more than 100 global customers, including 30 of the Fortune 500 and partners in more than 20 countries.