– After weeks of rumors, IBM today officially announced that it plans to acquire Storwize, which specializes in real-time data compression for primary storage.
Terms of the deal were not announced, but industry rumors put the acquisition price in the $140 million ballpark.
The announcement came on the heels of Dell's announcement that it will acquire Ocarina Networks, a Storwize competitor (see "Dell to acquire Ocarina for data deduplication.")
According to a story just posted on Enterprise Storage Forum, IBM may apply Storwize's compression technology to its high-end XIV system, Scale-Out Network Attached Storage (SONAS) platform, System Storage Easy Tier, and its ProtecTIER deduplication products.
Read the full story on Enterprise Storage Forum: "IBM to Buy Storwize for Real-Time Data Compression."
Also check out Kevin Komiega's blog: "IBM to acquire Storwize."
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