AT&T Buys Company to Expand Cybersecurity Offerings for Businesses

AT&T Inc. said that it has agreed to buy privately held Silicon Valley-based startup AlienVault, allowing the telecommunications giant to expand its line of cybersecurity products targeted at small and medium businesses. AT&T is buying AlienVault as large telecommunications and technology companies including Cisco Systems Inc, International Business Machines Corp and Verizon Communications Inc expand sales of cybersecurity products, among the fastest growing segments of the technology industry.