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IBM plans major security initiative – Yahoo! News
Thursday, November 1st, 2007IBM plans major security initiative – Yahoo! News
BOSTON – IBM Corp. plans to announce Thursday that it will boost what it spends developing computer security products to $1.5 billion in 2008, reflecting an intensifying focus for the company.
IBM executives would not say how much they used to spend. But analyst Charles King of Pund-IT Research said he believes $1.5 billion would be twice what IBM traditionally spends on security research and product development each year. (more…)
