IBM Closes Acquisition of Agile 3 Solutions

CAMBRIDGE, Mass., Feb. 3, 2017 /PRNewswire/ -- IBM (NYSE: IBM) Security today announced it has completed the acquisition of Agile 3 Solutions. The software is used by the C-Suite and senior executives to better visualize, understand and manage risks associated with the protection of sensitive data. IBM Security had previously announced it had entered into a definitive agreement to acquire Agile 3 Solutions. Financial terms were not disclosed.

The company, now known as Agile 3 Solutions, an IBM Company, joins the IBM Security business unit and will be part of the IBM Data Security Services portfolio of offerings. The acquisition also builds on the growth of IBM's end-to-end Guardium data security and protection platform, which helps to analyze the risk associated with sensitive data, monitor and protect sensitive data at rest, and in motion.

Agile 3 Solutions marks the 20th security-related company IBM has acquired as part of a series of investments to deepen its expertise as one of the world's largest enterprise security companies. IBM Security has hired approximately 1,900 security experts since 2015, and has invested in innovative new programs to help the industry collaborate to battle cybercrime, including IBM's X-Force Exchange and the IBM Security App Exchange. IBM has also closed the acquisition of Ravy Technologies, a subcontractor to Agile 3.

For more information on today's announcement, please visit: http://www.ibm.com/security/announce/agile3/

About IBM Security IBM Security offers one of the most advanced and integrated portfolios of enterprise security products and services. The portfolio, supported by world-renowned IBM X-Force® research, enables organizations to effectively manage risk and defend against emerging threats. IBM operates one of the world's broadest security research, development and delivery organizations, monitors 20 billion security events per day in more than 130 countries, and holds more than 3,000 security patents. For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

About Agile 3 Solutions

Agile 3 Solutions provides a comprehensive, business-friendly dashboard and intuitive data risk control center to help uncover, analyze, and visualize data-related business risks, so business leaders can take action to proactively protect their business. Learn more at http://www.agile3solutions.com/. 

Disclaimer: IBM's statements regarding its plans, directions, and intent are subject to change or withdrawal without notice at IBM's sole discretion. Information regarding potential future products is intended to outline our general product direction and it should not be relied on in making a purchasing decision. The information mentioned regarding potential future products is not a commitment, promise, or legal obligation to deliver any material, code or functionality. Information about potential future products may not be incorporated into any contract. The development, release, and timing of any future features or functionality described for our products remains at our sole discretion.

Contacts:

Kelly Kane IBM Security Media Relations 1 (413) 297-2668 [email protected]

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SOURCE IBM