Q1 Labs to be acquired by IBM
IBM says the acquisition will help its clients more intelligently secure their enterprises by applying analytics to connect information from key security domains and creating security dashboards for their organizations.
Q1 Labs will join also the newly-formed IBM Security Systems division, representing the world’s most comprehensive security portfolio. This comprises more than 10 strategic security acquisitions IBM has made in the last ten years and the more than 25 analytics-related purchases, including the recently announced acquisition of security analytics software firm.
The new division will target a $94 billion opportunity in security software and services, which has a nearly 12 percent compound annual growth rate, according to IBM estimates. Q1 Labs will join the more than 10 strategic security acquisitions IBM has made in the last decade and the more than 25 analytics-related purchases, including the recently announced acquisition of security analytics software firm, i2.
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