TechHive: IBM to acquire endpoint security company Trusteer

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thumbnail IBM to acquire endpoint security company Trusteer
Aug 15th 2013, 07:05, by John Ribeiro, IDG News Service

IBM has signed an agreement to acquire security company Trusteer, and plans to set up a cybersecurity software lab in Israel.

The financial terms of the proposed acquisition were not disclosed. With offices in Boston and Tel Aviv, Trusteer is a provider of endpoint cybercrime prevention technology and services, with customers among the top banks in the U.S., Canada, and Australia.

The acquisition will bring to IBM capabilities in the areas of security as a service delivered through the cloud, counter-fraud and advanced persistent threat protection and secure mobile transactions, IBM said Thursday.

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