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August 24, 2006
IBM to pay $1.3B for security provider
IBM announced today that it has entered into a definitive agreement to purchase Internet Security Systems (ISS), a publicly traded Internet security provider based in Atlanta. The all-cash transaction is worth about $1.3 billion, or $28 per share, and is subject to ISS shareholder and regulatory approvals and other closing conditions, according to an IBM statement. The company expects
From IBM to pay $1.3B for security provider
Posted by Jason at August 24, 2006 08:44 AM
