23 August 2006 14:30
IBM buys ISS for $1.3 Billion
IBM announced they are buying ISS (Internet Security Systems) for $1.3 Billion dollars. This all cash deal is a $2 premium per share. The big questions is what will IBM do with ISS, products or services? IBM security products haven't exactly been flying off the shelf. Services is probably the likely route
1
(1 marks)