IBM Corp. (IBM) has signed an agreement to buy Spanugo, a US-based provider of cybersecurity solutions, to help meet the security demands of its public cloud business.The terms of the deal were not disclosed. IBM said that it will integrate the Spanugo software into its public cloud to support stringent safety requirements of its clients in highly regulated industries. Shares rose 2.4% to $124.62 in pre-market trading.At the end of last year, IBM said that it was building a financial services-specific public cloud, the first of its kind, to help address the requirements of institutions, such as banks, for regulatory …read more
Source:: Yahoo Finance
