HFA Icon

IBM Acquires Lighthouse, Focuses on Identity Security

HFA Padded
Mark Melin
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

International Business Machines Corp. (NYSE:IBM) appears to be turning its focus on network security and in particular identity management.

IBM Acquires Lighthouse, Focuses on Identity Security

IBM’s investment in CrossIdeas

In recently purchasing Lighthouse Security Group, which offers cloud-based identity management services for large enterprises, the company complements a purchase made several weeks ago.  Then IBM invested in CrossIdeas, which offers software to limit the applications and information on a cloud network that an employee can access.

IBM did not announce terms of the acquisition.

IBM is committed to product development and said it will combine the Lighthouse and CrossIdeas technologies to build a full suite of security software.  The combined offering...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.