IBM Security said Monday it plans to acquire Agile 3 Solutions, a developer of software used by the C-Suite and senior executives to better visualize, understand and manage risks associated with the protection of sensitive data.
The addition of Agile 3 Solutions’ capabilities to IBM Security’s portfolio adds an intuitive tool to improve C-Suite decision making as businesses prepare to defend themselves against cybercrime, said IBM.
“After thousands of client engagements, we’ve seen security move from the back office to the front office and now to the board room,” said Marc van Zadelhoff, General Manager, IBM Security. “Adding Agile 3 Solutions to the IBM Security immune system of capabilities gives our team the ability to not only protect critical data, but demonstrate why it is at risk, and how to remediate that risk. Knowing what your crown jewel data is, and understanding its susceptibility to exploitation via external or insider threats, is an imperative for any organization.”
Agile 3 Solutions, a San Francisco-based, privately held company, provides business leaders with a comprehensive, business-friendly dashboard and intuitive data risk control center to help uncover, analyze, and visualize data-related business risks, so they can take action to proactively protect their business. Financial terms were not disclosed and the transaction is expected to close within several weeks.
IBM also announced its intent to acquire Ravy Technologies, a subcontractor of Agile 3 Solutions.