IBM to Acquire Cyber Security Specialist Trusteer

IBM will form a cyber security laboratory in Israel as part of the agreement, focusing on threats such as malware and financial fraud, in addition to its existing facilities.

Trusteer has offices in Tel Aviv and Boston, with a large bank client base already. IBM sees the acquisition as expanding its commitment to cloud-delivered software and services.

"Trusteer's expertise and superior technology in enterprise endpoint defense and advanced malware prevention will help our clients across all industries address the constantly evolving threats they are facing," says Brendan Hannigan, general manager in the Security Systems Division at IBM. "Together with IBM's capabilities in advanced threat detection, analysis and remediation, we will now be able to offer our clients several additional layers of defense against sophisticated attackers."

The terms of the deal were not disclosed.