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IBM made its rumored acquisition of Resilient Systems a confirmed reality. With Resilient Systems, IBM gains much needed incident response workflow technology that will bolster its security portfolio.
Financial terms of the deal are not being disclosed at this time.
Resilient Systems is a well known brand in the incident response market, after having changed its corporate name from co3 last year. Caleb Barlow, vice president, IBM Security, told eSecurity Planet that there are no plans to change the Resilient Systems name at this time.
Market execution and the ability to deliver industry-leading offerings are key factors in any acquisition decision IBM makes, Barlow said, adding that Resilient Systems' Incident Response Platform (IRP) was the first purpose-built, automated incident response platform and has developed into the industry-standard for incident response, with more than 100 customer deployments and more than 80 product integrations.https://o1.qnsr.com/log/p.gif?;n=203;c=204650394;s=9477;x=7936;f=201801171506010;u=j;z=TIMESTAMP;a=20392931;e=i
"The strong product and team they have in place will be critical as we move to integrate and deliver leading capabilities in this fast-paced market," Barlow said. "Another key factor in our decision was the appeal of Resilient Systems' privacy module, built on the largest knowledgeable base of global regulatory requirements."
Resilient Systems is also well known in the IT security community for its CTO, industry luminary Bruce Schneier, who joined the company in January of 2014.
"Upon close, Resilient Systems, which has some of the best minds in security, will become part of the IBM Security business unit, led by General Manager Marc van Zadelhoff," Barlow said. "Resilient Systems executives will continue to lead and play strategic roles for the Resilient Systems portfolio, with Resilient Systems CEO John Bruce reporting directly to Mr. van Zadelhoff."
Specific details of other roles aren't being disclosed, Barlow said, but the plan is for the full Resilient Systems team to join IBM.
Sean Michael Kerner is a senior editor at eSecurityPlanet and InternetNews.com. Follow him on Twitter @TechJournalist.