IBM announced plans to <A HREF="http://www.eweek.com/article2/0,1759,2142609,00.asp?kc=EWWHNEMNL060707EOAD">acquire Massachusetts-based software vendor Watchfire</A> in a bid to beef up compliance testing and security for Web applications as they are being developed.

Financial terms of the deal, which is subject to regulatory approval, were not disclosed. The acquisition is expected to close in the third quarter of 2007.