IBM Set To Acquire Cisco-backed Database Security Startup Guardium For $225 Million

Rumors have been swirling that IBM will be acquiring database security company Guardium after the Israeli financial newspaper, The Market, reported the acquisition yesterday (translated version here). Big Blue is reportedly shelling out $225 million for Israel-based Guardium. This year alone, IBM has acquired six companies, including RedPill Solutions, SPSS, Ounce Labs, Exeros and Outblaze.

A subsidiary of Log-On Software, Guardium provides technologies that ensure security of enterprise databases. The startup protects databases for Microsoft, IBM, Oracle, Sun Microsystems and other companies. The Market reports that Guardium is profitable, with sales in the tens of millions per year.

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