IBM (IBM -1.6%) signs a definitive agreement to acquire Spanugo, which provides cloud cybersecurity posture management solutions.
Terms of the deal weren’t disclosed.
Spanugo’s tech will be integrated into IBM’s financial services-focused public cloud, which was announced last year.
IBM says that Spanugo will help clients “define compliance profiles, manage controls and, in continuous real time, monitor compliance across their organization.”
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