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International Business Machines : IBM to Acquire Spanugo, Provider of Cloud Cybersecurity Posture Management – Marketscreener.com

By Michael Dabaie

 

International Business Machines Corp. said it agreed to acquire Spanugo, a U.S.-based provider of cloud cybersecurity posture management solutions.

IBM said it will integrate Spanugo software into its public cloud. Late last year, IBM said it designed a financial services public cloud to help address the requirements of financial services institutions for regulatory compliance, security and resiliency.

The addition of Spanugo software will help accelerate the availability of a security control center that will enable IBM clients to define compliance profiles, manage controls and, in continuous real time, monitor compliance across their organization, according to the company.

“With the acquisition of Spanugo, we have taken another major step in advancing IBM’s differentiated capabilities in security and compliance for our enterprise clients, including those in highly regulated industries,” said Howard Boville, IBM senior vice president of Cloud.

 

Write to Michael Dabaie at michael.dabaie@wsj.com