IBM completes ISS takeover

By Joris Evers
Staff Writer, CNET News

Related Stories: ISS, Crossbeam Systems partner
September 18, 2006; IBM to buy ISS for $1.3 billion
August 23, 2006; ISS to launch vulnerability management service
September 30, 2005

IBM on Friday said it has completed the $1.3 billion takeover of Internet Security Systems. The Atlanta-based company is now part of IBM Global Services' Infrastructure Management Services organization. ISS builds network protection products and services, including intrusion detection and monitoring tools.

IBM announced the agreement to acquire ISS on Aug. 23. The companies have been working together since 1999. IBM said it plans to expand sales and development of the ISS Proventia products and ISS security services, integrating capabilities with IBM products and services when applicable and developing new offerings over time. Tom Noonan, former CEO of ISS, continues to lead the organization as general manager.

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infrastructure management, takeover, IBM Global Services, IBM Corp., Atlanta

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