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Announced

Completed

IBM completed the acquisition of Polar Security.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Israel

Friendly

Completed

Security Equipment

Single Bidder

Private

security systems

Acquisition

Cross Border

Majority

Synopsis

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IBM, a technology corporation, completed the acquisition of Polar Security, an innovator in technology that helps companies discover, continuously monitor and secure cloud and software-as-a-service application data. Financial terms were not disclosed. "IBM plans to integrate Polar Security’s DSPM technology within its Guardium family of leading data security products. With the integration of Polar Security’s DSPM technology, IBM Security Guardium will provide security teams with a data security platform that spans all data types across all storage locations – SaaS, on premise and in public cloud infrastructure," IBM.

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