IBM acquires New Brunswick born Q1 Labs

Posted by Techvibes Newsdesk on 2011-10-04 2:32:00 PM

IBM announced today that they are acquiring Waltham, Massachusetts-based Q1 Labs - a provider of security intelligence software. Q1 Labs will become part of the new IBM Security Systems division.

Q1 Labs' analytics technology can automatically detect and flag actions, such as an employee accessing unauthorized information. Q1 Labs has more than 1,800 clients globally, including health-care providers, energy firms, retail organizations, utility companies, financial institutions, government agencies, educational institutions, and wireless service providers.

You're probably wondering why Techvibes is reporting the acquisiton of a US-headquartered company by a American tech behemoth.

Q1 Labs was founded by employees of the University of New Brunswick and their research and development centre is in Fredericton.

Company:
IBM Canada
Website:
http://www.ibm.com/ca/en/
Location:
Toronto, Ontario, Canada

IBM Canada Ltd. is a leading provider of advanced information technology products and services. As a technology-based solutions company, IBM is dedicated to helping its customers solve their business problems, pursue new market opportunities and become more productive through the innovative application of e-business and Internet technology. Headquartered in Markham, Ontario, IBM Canada has nationwide... more

Company:
Q1 Labs
Website:
http://www.q1labs.com
Location:
Fredericton, New Brunswick, Canada

Founded in 2001, Q1 Labs is a global provider of high-value, cost-effective next-generation security intelligence products. The company's flagship product, the QRadar Security Intelligence Platform, integrates previously disparate functions -- including SIEM, risk management, log management, network behavior analytics and security event management -- into a total security intelligence solution, making it the most... more

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Techvibes Newsdesk

Techvibes Newsdesk

Techvibes is Canada's leading technology media property. Originally founded in 2002, Techvibes is dedicated to covering social, mobile, and startup news that impacts Canadians. Our editors and nationwide network of reporters combine breaking hyperlocal news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and... more

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