Thursday, August 24, 2006
IBM To Buy Internet Security Company
IBM once went on an acquisitions spree, back in the 1980s, before Microsoft went on theirs in the 1990s, and Google to a lesser degree in this decade. Well, IBM is back on a buying binge, making their fourth purchase in a month. Their latest acquisition is Internet Security Systems, for approximately US$1.3B. ISS's shares are valued at US$28 each in the deal. [via USNews]
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