IBM, an American multinational technology company, agreed to acquire Spanugo, a US-based provider of cloud cybersecurity posture management solutions. Financial terms were not disclosed. "IBM is committed to building the industry's most secure and open public cloud for business. With the acquisition of Spanugo, we have taken another major step in advancing IBM's differentiated capabilities in security and compliance for our enterprise clients, including those in highly regulated industries. Bringing Spanugo's technology into our financial services public cloud will help provide our clients with evidence of their ongoing compliance, in real time," Howard Boville, IBM SVP, Cloud.