Monday, August 11, 2014

IBM Acquire Lighthouse Security Group for Cloud-based Protection

IBM acquired the operations of Lighthouse Security Group, a provider of cloud security services provider. Financial terms were not disclosed.

Lighthouse Security, which is based in Lincoln, Rhode Island, offers an identity management solution that will be integrated into IBM's managed security services. The Lighthouse platform protects identity and data in an increasingly complex IT environment where more company information is being stored in the cloud and accessed from mobile devices.

The deal follows IBM’s acquisition of CrossIdeas, a privately held provider of security software that governs user access to applications and data across on-premise and cloud environments. CrossIdeas combines business-driven governance and analytics capabilities to give customers greater control for securing enterprises. By integrating the businesses of Lighthouse Security Group and CrossIdeas with IBM’s identity and access management offering, IBM will offer a full suite of security software and services that protect and manage a user’s identity.