M&A Deal Summary

IBM Acquires Lighthouse Security Group

On August 11, 2014, IBM acquired internet software and services company Lighthouse Security Group from Lighthouse Computer Services

Acquisition Highlights
  • This is IBM’s 15th transaction in the Internet Software and Services sector.
  • This is IBM’s 100th transaction in the United States.
  • This is IBM’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2014-08-11
Target Lighthouse Security Group
Sector Internet Software and Services
Buyer(s) IBM
Sellers(s) Lighthouse Computer Services
Deal Type Divestiture

Target

Lighthouse Security Group

Lincoln, Rhode Island, United States
Lighthouse Security Group LLC is a cloud based security services provider. Lighthouse Security Group’s Gateway platform protects identity and data in an increasingly complex IT environment where more company information is being stored in the cloud and accessed from mobile devices.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States
Category Company
Founded 1911
Sector Information Technology
Employees282,200
Revenue 61.9B USD (2023)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.

DEAL STATS #
Overall 136 of 198
Sector (Internet Software and Services) 15 of 25
Type (Divestiture) 13 of 19
State (Rhode Island) 1 of 1
Country (United States) 100 of 142
Year (2014) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-31 CrossIdeas Srl

Rome, Italy

CrossIdeas Srl is a provider of security software that governs user access to applications and data across on-premise and cloud environments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-29 IBM’s x86 Server Business

New York, United States

IBM’s x86 server business comprises of System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations.

Sell $2.1B

Seller(S) 1

SELLER

Lighthouse Computer Services

Lincoln, Rhode Island, United States
Category Company
Founded 1995
Sector Information Technology
DESCRIPTION

Lighthouse Computer Services, Inc. is an IT solutions provider.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Mergr

Product

Company

Legal