International Business Machines Corporation (NYSE:IBM) agreed to acquire Randori Inc. on June 6, 2022. Purchase price consideration for acquisition was paid primarily in cash. Upon close of the acquisition, IBM plans to integrate Randori's attack surface management software with the extended detection and response (XDR) capabilities of IBM Security QRada.

The transaction is subject to customary closing conditions and any required regulatory reviews and expected to close in next few months,