Well, That Was Fast: IBM Snags Q1 Labs, Forms Security Unit
Making good on signals it floated that it might begin another acquisitive streak, IBM today said it will acquire Q1 Labs, a Massachusetts-based security firm that specializes in using analytics to detect and flag suspicious activity on corporate networks. Financial terms of the deal weren’t disclosed, but IBM said Q1 will be added to its newly formed Security Systems Unit, going after what it says is a $94 billion opportunity in security software and services.