Xconomy Boston

IBM Acquires Ounce Labs for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2808a303-b3a7-493e-a92f-918b996c013a&Preview=1
Date
7/28/2009
Company Name
Ounce Labs
Mailing Address
100 Fifth Avenue Waltham, MA 02451
Company Description
Ounce Labs delivers actionable metrics to help organizations understand and manage the vulnerabilities in their critical applications. Customers use this information to assess risk and prioritize security investments, to comply with regulatory demands, and to hold outsourcers accountable for the security of the applications they deliver.
Website
http://www.ouncelabs.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Financial terms of the transaction were not disclosed.