IBM buys Internet Security Systems for $1.3 billion in cash. ISS is one of the industry’s oldest and best-known independent security vendors. ISS will be integrated into IBM’s managed security services business. Big Blue says it will keep ISS intact as an independent unit and will not lay off any of its workers. ISS CEO Tom Noonan: “We see a $22 billion market opportunity in managed security in managed services” Big Blue has been carefully vendor-neutral in its approach to managed services in the past.”]
Source: https://www.darkreading.com/analytics/ibm-up-ends-security-services-market