IBM acquires BigFix IT security firm for undisclosed sum

ibm-logoIBM has announced it has entered into a definitive agreement to acquire the California-based IT security software firm BigFix, with the details of the acquisition largely being kept private.

BigFix Inc. develops security and compliance software that companies implement in order to oversee and monitor computer networks, and to create policies for various machines to follow.

With infrastructure powered by BigFix, firms can implement numerous complex IT policies across hundreds of thousands of machines globally, including various administrative and control privileges, can execute tasks based on time/actions, can directly monitor and control machines across various operating platforms, among other complex tasks.

 The infrastructure also alerts IT administrators when a breach has occurred, allowing firms to better monitor and avoid prohibited usage.

IBM has chosen to keep the details of the acquisition private, but the acquisition price is likely around $450-million.

BigFix says the deal is expected to close by the end of the third quarter of this fiscal year, with BigFix becoming part of IBM’s Software Group.

The acquisition has not yet received regulatory approval.

BigFix has more than 700 clients in various market segments, including government and private clients, such as the top accounting firm Deloitte, among other clients like Princeton University.

BiigFix was founded in 1997, and currently has more than 200 employees.

It is unlikely most of the employees will be integrated with IBM simply due to efficiencies.

Over the past ten years, IBM has made over 100 acquisitions totaling more than $21-billion.

The IBM stock (NYSE:IBM) is trading nearly at par at $122.57 per share from today’s opening price.

tag TAGS: ,
Short URL:
b2p Ensure that you follow us on Twitter and Like us on Facebook
Peggy holds a Bachelor Arts degree with honors in Economics from York University in Toronto, Canada. She is a Certified Management Accountant (CMA). She has also passed Level I of the Chartered Financial Analyst (CFA) Program. She is also a realtor. Write to [email protected]
We are perfectly committed to the highest ethical and professional codes of conduct and standards in the industry on a firm wide basis. Learn more about us, our contributors, and our governance
We encourage you to comment. Comments are moderated. Comments that are abusive, off-topic, have marginal substance, or include promotional content will be removed. We cannot facilitate requests to edit or remove comments, or explain moderation decisions

Business 2.0 Press publishes exclusive business tech news and analysis covering start-ups to large-caps from Bay & Wall streets since 2008 from a group of highly knowledgeable industry professionals that abide by the toughest industry codes of conduct and professional standards lightMore

lightAdd value by subscribing (RSS)

logo has the most stock ratios for public companies. Get the most comprehensive micro insight on public firms available on the web, all for free.
Stock Fractionsgo


Colon cancer is one of the leading causes of death. Irrespective of family history, everyone is exposed to the risk. About 90% of colon cancer cases begin from non-cancerous tumors, polyps, which could form in the large bowel. Screening with a colonoscopy will painlessly remove any polyps hence almost entirely reducing your risk of developing the horrible disease. The good news is that about 90% of colon cancer cases are preventable through a simple (yes, simple) colonoscopy.
Learn moreatom
Public service message from Business 2.0 Press