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IBM Buys Cloud Services Firm Lighthouse Security Group; Kris Lovejoy Comments

CloudIBM (NYSE: IBM) has moved to further build its identity and access management offering by acquiring the Lighthouse Security Group subsidiary from Lighthouse Computer Services.

Kris Lovejoy, general manager of IBM Security Services, said Monday that IBM made the transaction in order to develop an IAM portfolio that combines both analytics technology and managed services.

The company acquired Lighthouse Security Group to complement the purchase of CrossIdeas, IBM said.

IBM intends to address demand for tools to protect enterprise data as businesses increasingly become mobile by verifying users and their access rights without limiting access through a single point of entry.

The Lighthouse Security Group’s cloud-based Lighthouse Gateway platform is built to deploy for a data center, cloud or a hybrid IT environment to prevent identity theft and data breaches.

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