Big Blue Tiptoes Back into the M&A Market: IBM Buys…

Truman Slate

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“A main move in advancing IBM’s differentiated capabilities…”

IBM has dipped its toes back again in the M&A current market to snap up — no, not Cloudera — a very little recognized cloud security minnow called Spanugo.

The deal is Major Blue’s initial acquisition considering the fact that its mammoth $34 billion buyout of Purple Hat, announced in Oct 2018.

(A go for mainframe solutions organization T-Units in January 2019 fell by means of on German level of competition regulator issues).

Santa Clara-headquartered Spanugo was started in April 2017 and has elevated funds at the time — a seed spherical announced in July 2018.

It offers SaaS-centered solutions which include a instrument to support buyers find out on-premises and cloud objects where security controls must be deployed, established security procedures, and use APIs to carry out “event-triggered validations, for illustration on cloud environmental changes”.

Regardless of its

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