IBM Acquires Polar Security to Secure Shadow Data

Sharon FlorentineMay 18, 2023

BARCELONA, SPAIN – FEBRUARY 26: A logo sits illumintated outside the IBM booth on day 2 of the GSMA Mobile World Congress 2019 on February 26, 2019 in Barcelona, Spain. The annual Mobile World Congress hosts some of the world’s largest communications companies, with many unveiling their latest phones and wearables gadgets like foldable screens and the introduction of the 5G wireless networks. (Photo by David Ramos/Getty Images)

IBM has acquired AppSec and SaaS security services provider Polar Security. Financial terms of the deal were not disclosed.

This is technology M&A deal number 162 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.

IBM Acquires Polar Security to Secure Shadow Data

Polar Security, founded in 2021, is based in Tel Aviv, Israel. The company has 31 employees listed on LinkedIn. Polar Security’s areas of expertise include Cloud Data Security, Data Security Posture Management, Cybersecurity, and Data Security.

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