IBM creates new security division with acquisition

IBM is creating a new security division — and has just announced a deal to help make it happen.

The company is buying Q-One Labs, a security-intelligence software company based in Massachusetts, and the CEO of Q-One will lead the new security division at IBM.

There’s no word on the financial details of the deal, but IBM said its new Security Systems division will target the $94 billion market in security software and services.

Q-One is one of more than 10 strategic security deals that IBM has made in the past decade.

19 agencies on chopping block only account for a small fraction of overall budget


This story is part of Federal News Radio’s daily Cybersecurity Update. For more cybersecurity news, click here.