And in the last couple of years it has “It’s a continuation of our focus on mission critical workloads,” Hunter said. The strict adherence to compliance would ensure that the cloud environment is both agile and secure for highly critical applications.“We're able to deeply serve businesses across industries that require verifiable, audit-ready, real-time cybersecurity posturing,” Doc Vaidhyanathan, cofounder and chief product officer, Spanugo, said.Spanugo provides cybersecurity compliance solutions to companies that are audited, and can also deliver a framework for continuous cloud security improvement and adaptation to mitigate security risks, the statement said.

Armonk, New York-based technology giant IBM announced on Monday that it is acquiring cybersecurity vendor Spanugo for an undisclosed amount to bolster its financial public cloud offering.Founded in 2016, Santa Clara, California headquartered Spanugo, provides cloud cybersecurity posture management solutions.The integration of Spanugo’s software into IBM’s public cloud will help meet the security demands of clients in industries with high compliance and regulatory needs, according to a statement.The acquisition of Spanugo is seen as a move to bolster the financial services public cloud that will help enterprises with control over regulatory workloads, multi-architecture support and automated security features.Additionally, Spanugo software would help in setting up security control centres for IBMs clients to define and monitor compliance and manage controls in real-time.“With the acquisition of Spanugo, we have taken another major step in advancing IBM's differentiated capabilities in security and compliance for our enterprise clients, including those in highly regulated industries," said Howard Boville, SVP, cloud, IBM.Boville added that the addition of Spanugo’s technology to IBMs financial services public cloud would help clients with evidence of ongoing compliance in real-time.The yet-to-be-released financial public cloud solution will cater to companies in industries such as financial services, telecom, healthcare, insurance and others.

IBM inked a deal to buy cloud security posture management startup Spanugo for an undisclosed amount. Additionally, it delivers a continuous process of cloud security improvement and adaptation to reduce the likelihood of a successful attack. Publisher and partners set cookies and collect information from your browser to provide you with relevant content and advertising that helps better understand their audiences.NFV Futures: What’s Next on the Open Road to 5G and EdgeWhy Does the Telco Edge Require Network DisaggregationRethinking NaaS as a Journey to Openness and AutomationKeysight Technologies, Cambridge Industries Group Accomplish Inter-Operability Testing of O-RAN Radio Units Acquirer Name . We are excited to announce the acquisition of Spanugo by IBM, marking the acquisition of the fourth of the twelve companies that The Fabric has … Facebook, Microsoft, Zillow. includes any. Moving forward, Spanugo software will form a part of IBMs suite of public cloud services. Add Acquisitions filter .

The following is a partial list of IBM precursors, amalgamations, acquisitions and spinoffs.IBM has undergone a large number of such during a corporate history lasting over a century; the company has also produced a number of spinoffs during that time.. “With the acquisition of Spanugo, we have taken another major step in advancing IBM's differentiated capabilities in security and compliance for our enterprise clients, including those in highly regulated industries," said Howard Boville, SVP, cloud, IBM. IBM has finalised a deal to acquire Spanugo, a Santa Clara-based cloud cybersecurity start-up, in what marks the technology giant’s first acquisition since its $34 billion buyout of Red Hat in October 2018. The acquisition date listed is the date of the agreement between IBM and the subject of the acquisition. On June 15, 2020, IBM and Spanugo announced they have entered into a definitive agreement to acquire assets from Spanugo, a U.S.‑based provider of cloud cybersecurity posture management solutions. “We’re aggressively investing in public cloud and in companies that bring unique value to our public cloud portfolio.”Help us provide you with a better web experience. E.g. On June 15, 2020, IBM announced the acquisition of assets from Spanugo, a U.S.-based provider of cloud cybersecurity management solutions.. Hillery Hunter, CTO of IBM Cloud, explains how this acquisition will help clients in regulated industries make their journey to the cloud. 1-5 of 183 results The Armonk, N.Y.-based technology giant said the acquisition of Santa Clara, Calif.-based Spanugo will allow IBM clients to define compliance profiles, manage controls and, in … IBM . IBM's Acquisition of Assets from Spanugo. Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved . SAVE SEARCH .

And it comes as a handful of public cloud providers battle to gain market share in an increasingly competitive environment.More than half of the first quarter 2020 cloud market belonged to Amazon Web Services (AWS) and Microsoft, according to While it likely won’t catch up to Amazon anytime soon, IBM has long positioned its public cloud as the security-first public cloud for enterprises. 16 Jun, 2020 The Trusted News and Resource Site for SDx, SDN, NFV, Cloud & Virtualization InfrastructureCloud security posture management vendors provide security processes and tools to prevent and fix cloud misconfigurations, which are the “Spanugo matches really well with where we’re headed in addressing regulated industries because of their understating of what it takes to automate recourse discovery, do assessment, do analysis, do Late last year IBM announced that it is developing what it calls the Adding Spanugo’s software to the financial services public cloud will help IBM more quickly develop a security control center that will allow customers to define compliance profiles, manage controls, and monitor compliance across their organization in real-time.The acquisition reflects “our continued investment in public cloud for related industries,” Hunter said.