IBM has confirmed its purchase of Israel-based data security posture management startup Polar Security, which it will be consolidating into its Guardium unit, reports TechCrunch.
Software giant IBM has acquired automated cloud data security and compliance provider Polar Security for an undisclosed sum. Reports claimed that the deal was valued at about $60 million.Founded in January 2021, Polar Security is a pioneer of .
Polar Security is IBM's fifth acquisition in 2023; Israeli startup's technology automates the detection, classification, and flow of sensitive data across cloud environments
While the financial details of the acquisition were not disclosed, Polar Security will help IBM customers deal with ‘shadow data’. IBM has made its fifth…