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Another billion-ish buyout: IBM buys Israeli security firm
IBM offers a wide range of technology and consulting services; a broad portfolio of middleware for collaboration, predictive analytics, software development, and systems management; and advanced servers and supercomputers.
IBM R&D Labs in Israel is the largest lab of IBM Research Division outside of the United States. Since its foundation in 1972, the lab leads the development of innovative technological products and cognitive solutions for the IBM corporation. The main focus areas include natural language understanding, computer vision, hybrid cloud, hybrid data, quantum computing, security, blockchain, process automation, and accelerated discovery for healthcare and life science.
IBM Israel Software Development center focuses on technology innovation in security, healthcare, cloud, and analytics in Hashachar Tower in Givatayim Its inventions and developments are key to IBM products and clients around the world. Its Areas of Expertise include IBM’s Hybrid Multicloud Platform, IBM Security Guardium, The Weather Company, Watson Health and Trusteer: Advanced Fraud Protection