IBM Security Closes Acquisition of Resilient Systems

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Apr 06, 2016, 08:00 ET

ARMONK, N.Y., April 6, 2016 /PRNewswire/ -- IBM (NYSE: IBM) Security today announced it has completed the acquisition of Resilient Systems Inc., a privately held provider of incident response solutions. IBM Security had previously announced it had entered into a definitive agreement to acquire Resilient Systems. Financial terms were not disclosed.

The company, now known as Resilient, an IBM Company, joins the IBM Security business unit and will be part of a significant expansion of the company's capabilities in the incident response marketplace. Resilient's technology automates and orchestrates the many processes needed when dealing with cyber incidents - from breaches to lost devices.

"The combination of Resilient's people - top thought leaders in the incident response marketplace - and their technology is a differentiating addition to our security business," said Marc van Zadelhoff, General Manager, IBM Security. "Our investments in threat detection and prevention have helped us move into a leadership position in the security market. With Resilient, we're expanding the capabilities we bring to customers, helping them manage the complexities in resolving security incidents, including the coordination of teams, best practices, and reporting."

IBM already is the Security Intelligence leader, enabling businesses to detect and prevent breaches. IBM reached $2 billion in security revenue, outgrew the market, and hired 1,000 new experts into its security business in 2015.

"The Resilient team is delighted to be joining IBM Security," said John Bruce, CEO, Resilient, an IBM Company. "Together, we will be a powerful force helping organizations to manage the evolving security challenges that they face. With the scale of IBM research, development and investment behind us, we're excited about the possibilities for innovation and to engage with new clients around the world."

For more information on today's announcement, please visit: www.ibm.com/security/announce/resilientsystems

About IBM Security
IBM Security offers one of the most advanced and integrated portfolios of enterprise security products and services. The portfolio, supported by world-renowned IBM X-Force® research, enables organizations to effectively manage risk and defend against emerging threats. IBM operates one of the world's broadest security research, development and delivery organizations, monitors 20 billion security events per day in more than 130 countries, and holds more than 3,000 security patents. For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

About Resilient, an IBM Company
Resilient's mission is to help organizations thrive in the face of any cyberattack or business crisis. The award-winning Incident Response Platform (IRP) empowers security teams to analyze, respond to and mitigate incidents faster, smarter and more efficiently. Part of IBM Security, the Resilient IRP also integrates security technologies into a single hub and provides easy workflow customization and process automation. With Resilient, security teams can have best-in-class response capabilities. Resilient has more than 100 global customers, including 30 of the Fortune 500 and partners in more than 20 countries. Learn more www.resilientsystems.com.

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Contacts:
Michael Rowinski	Melissa Lane
IBM Security External Relations	Resilient Systems Inc.
720-395-8497	617-216-5936
[email protected]	[email protected]