7 Mar

Understanding Resilient Systems: IBM’s Latest Acquisition in the Security Space

WRITTEN BY Anne Shields FEATURED IN M&A and Event Driven

IBM’s burgeoning acquisition portfolio

In our recent IBM series, we discussed how IBM (IBM) is continuing its acquisitions strategy in 2016 in and effort to boost further revenue growth. Resilient Systems is the most recent company that IBM has included in its acquisition portfolio. Resilient Systems, a heavy hitter in the cybersecurity space, is best known for its “incident response” platform. Although IBM has not divulged financial details about this acquisition, InformationWeek stated that IBM paid $100 million to get Resilient Systems under its acquisition portfolio.
Understanding Resilient Systems: IBM’s Latest Acquisition in the Security Space

How Resilient’s technology will complement IBM

Resilient Systems’ incident response platform technology helps clients respond to security breaches in a faster, more precise, and coordinated manner. The platform integrates or orchestrates response processes across functions like HR, finance, and security and across security systems that monitor data, networks applications, and end points to deal with the consequences of security incidents from breaches and lost devices.

IBM’s SIEM technology is based on QRadar Security Intelligence Platform, which when complemented with Resilient’s incident response platform will provide an integrated end-to-end security operation and Incident Response Platform solutions. FireEye’s (FEYE) Mandiant is a leading player in the incident-response services space.

Gartner’s Magic Quadrant

According to Gartner, IBM stands tall among leaders in Gartner’s Magic Quadrant report for SIEM (security information and event management) in 2015. Splunk (SPLK) and Intel Security (INTC) are other players who made it into Gartner’s Magic Quadrant. Gartner is of the opinion that the SIEM cybersecurity space will continue to thrive primarily due to threat management.

Investors interested in gaining exposure to IBM can consider investing in the SPDR S&P 500 ETF (SPY), which has an exposure of 8.7% to application software and invests ~0.7% of its holdings in IBM.

Now let’s examine IBM’s X-Force Incident Response Services.

Latest articles

Yesterday, Apple (AAPL) launched a newly upgraded range of its iPad Air and iPad mini devices ahead of its March 25 special event.

19 Mar

Nike Gears Up to Deliver Its Q3 2019 Results

WRITTEN BY Sharon Bailey

Nike (NKE) is scheduled to report its earnings results for the third quarter of fiscal 2019 after the market closes on March 21.

On March 18, Chesapeake Energy’s (CHK) implied volatility was 51.9%, which is ~14.7% less than its 15-day average.

19 Mar

Sprint’s Revenue and Earnings Growth

WRITTEN BY Andrew Smith

Sprint (S) reported an adjusted EPS of $0.06 in the first nine months of fiscal 2018—compared to $0.08 during the same period in fiscal 2017.

19 Mar

Oil Bulls: US Oil Exports Tend to Fall More

WRITTEN BY Robert Scott

On March 18, Brent crude oil May futures settled ~$8.2 higher than the WTI crude oil May futures. On March 11, the spread was ~$9.5.

Out of the 34 analysts covering Broadcom (AVGO), 25 analysts rated the stock a “buy,” while nine analysts rated the stock a “hold."