IBM Security — the tech giant’s security arm which offers a portfolio of enterprise security products and services — has agreed to acquire cybersecurity firm Agile 3 Solutions, which provides software geared toward senior executives that better helps them understand their data risks and potential cybersecurity problems. Terms of the deal were not disclosed.
The acquisition marks the 20th security-related company IBM has acquired, and further boosts the offerings from a division that’s hired nearly 2,000 security experts since 2015. IBM will add the San Francisco-based companies tech to its data protection software IBM Guardium, which is geared toward the C-suite and company boards.
Agile 3 Solutions’ software offers up a “comprehensive, business-friendly dashboard and intuitive data risk control center” that promises to uncover and analyze data-related business risks, offering proactive ideas on how executives can protect their business interests.
“After thousands of client engagements, we’ve seen security move from the back office to the front office and now to the board room,” said Marc van Zadelhoff, GM of IBM Security. “Adding Agile 3 Solutions to the IBM Security immune system of capabilities gives our team the ability to not only protect critical data, but demonstrate why it is at risk, and how to remediate that risk. Knowing what your crown jewel data is, and understanding its susceptibility to exploitation via external or insider threats, is an imperative for any organization.”
Raghu Varadan, founder and CEO of Agile 3 Solutions, added: “Having worked closely with IBM Security as a business partner, our team is excited by the opportunity to join the leader in enterprise security. Our mission has been to bring the C-Suite into the security decision making process on their terms. Now with IBM Security, we’re bringing together the ability to not only influence decisions but to take action to protect business critical data.”
IBM also announced it will acquire Ravy Technologies, a subcontractor of Agile 3 Solutions.