IBM, an IT technology and consulting firm providing computer hardware, software, and infrastructure and hosting services, announced that it has signed a definitive agreement to acquire Spanugo, a US-based provider of cloud cybersecurity posture management solutions.
The company said that 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.
“IBM is committed to building the industry’s most secure and open public cloud for business. 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, SVP, Cloud, IBM. “Bringing Spanugo’s technology into our financial services public cloud will help provide our clients with evidence of their ongoing compliance, in real time.”
“Spanugo’s strong domain knowledge and experience in security posture management is a natural complement to IBM’s public cloud offerings,” said Doc Vaidhyanathan, Co-Founder and Chief Product Officer, Spanugo. “By joining IBM on its mission to be the most secure public cloud for the enterprise, we’re able to deeply serve businesses across industries that require verifiable, audit-ready, real-time cybersecurity posturing.”
IBM continues to invest in the security capabilities of its public cloud having previously announced new services that further its focus as the leading secure and open public cloud for business.
