Beverly Hills 12/1/2009 6:01:44 AM
News / Business

IBM to Purchase Guardium, Expanding Business Analytics

Finance World News Update by EQUITIES Magazine

IBM Corp announced today that it has acquired database monitoring company, Guardium.

Guardium’s technology aids companies in protecting data, monitoring database activity and automating tasks related to regulatory compliance. Its software can detect fraud and unauthorized access by users through a breach of a company’s business software programs.

The acquisition, the terms of which were not disclosed, expands IBM’s business analytics operations. Guardium, which is privately held, will be folded into IBM’s Information Management Software operations.

Shares of IBM were up 81 cents to $126.51 in afternoon trading.

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