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Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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IBM Acquires Internet Security Systems

Comments (2)

IBM announced today that it is acquiring Internet Security Systems for $1.3 billion.  This is IBM’s third large deal in as many weeks.  I wrote about IBM’s acquisitions of FileNet and MRO on August 10th for a total of $2.4 billion – I wouldn’t have guessed they would have made another $1+ billion acquisition so quickly.  With the acquisition of ISS, IBM has entered the security market in a big way.  I wonder if they have an affinity for companies with three initials (ISS, MRO) – I guess I should abbreviate a bunch of my companies names to see if I can attract some attention.

  • http://www.kungfuapps.com Raj Bala

    As soon as I heard about this deal I thought, “queueing Brad Feld.”

  • http://maternitymotherhood.net Deborah

    I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

    Deborah

    http://maternitymotherhood.net

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