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IBM Acquires Trusteer

(Image Source: Geektime.co.il)

 

International Business Machines Corp.(NYSE:IBM) will acquire Trusteer, a software security provider. The acquisition is seen as a way for IBM to strengthen its cloud based software service. Along with acquisition, IBM plans on building a research facility in Israel focused exclusively on developing software to counteract cybersecurity. The facility will be comprised of researchers from both companies dealing with threats ranging from “mobile and application security, advanced threat, malware, counter-fraud, and financial crimes” according to prnewswire.  Trusteer has a strong presents in Israel.