IBM to buy database monitoring company Guardium
IBM Corp. said Monday that it has acquired Guardium, a provider of database monitoring and protection services.
Terms of the deal were not disclosed.
Guardium's technology helps companies protect data, monitor database activity and automate tasks related to regulatory compliance. Its monitoring service can detect fraud and unauthorized access by users through a breach of a company's business software programs.
The acquisition expands IBM's business analytics business. Guardium will be folded into IBM's Information Management Software operations.
Privately held Guardium is based in Waltham, Mass.
Shares of IBM, based in Armonk, N.Y., were up 81 cents to $126.51 in afternoon trading.