Jun 7, 2007 : IBM to Acquire Watchfire
📅 - IBM (ibm.com) announced on Wednesday that it has entered into an agreement to acquire security and compliance testing software provider Watchfire (watchfire.com).
IBM says it has decided to work with Watchfire to help customers guard against online security attacks and compliance breaches. Watchfire's technology with IBM Rational software will help customers integrate Web application security and compliance early on and throughout the software development process, says IBM. As a result, customers will be able to define, test and track the compliance of their applications with security, legal and corporate requirements.
"Security breaches and lack of compliance with industry and government regulations can topple business integrity and customer trust," says Danny Sabbah, general manager of IBM Rational software. "Watchfire is a recognized industry leader in the security and compliance market that will further strengthen our ability to help customers mitigate risk by integrating security, quality testing and compliance testing requirements early in the software development process before vulnerabilities are exposed."
The acquisition is subject to customary regulatory approvals and is expected to close in the third quarter of 2007.
IBM's financing business segment IBM Global Financing recently began providing a new set of asset recovery offerings as part of "The Project Big Green" campaign to help clients with less energy efficient data centers upgrade to greener technologies.
IBM says it has decided to work with Watchfire to help customers guard against online security attacks and compliance breaches. Watchfire's technology with IBM Rational software will help customers integrate Web application security and compliance early on and throughout the software development process, says IBM. As a result, customers will be able to define, test and track the compliance of their applications with security, legal and corporate requirements.
"Security breaches and lack of compliance with industry and government regulations can topple business integrity and customer trust," says Danny Sabbah, general manager of IBM Rational software. "Watchfire is a recognized industry leader in the security and compliance market that will further strengthen our ability to help customers mitigate risk by integrating security, quality testing and compliance testing requirements early in the software development process before vulnerabilities are exposed."
The acquisition is subject to customary regulatory approvals and is expected to close in the third quarter of 2007.
IBM's financing business segment IBM Global Financing recently began providing a new set of asset recovery offerings as part of "The Project Big Green" campaign to help clients with less energy efficient data centers upgrade to greener technologies.
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