IBM to Acquire Storwize

Sometimes the rumor mill gets it right. IBM made another move in the storage optimization space with the acquisition of Storwize, adding real-time compression to Big Blue’s arsenal.

The announcement, first reported by WikiBon’s Dave Vellante and followed shortly thereafter by an IBM press release, came amid a solid month of rumors about the potential deal and speculation spiked when Dell announced plans to buy Ocarina Networks last week.

Financial terms of the IBM-Storwize deal were not disclosed, but there are some numbers being bandied about.

Read more at Enterprise Storage Forum, "IBM to Buy Storwize for Real-Time Data Compression".


posted by: Kevin Komiega

Kevin Komiega, Senior Editor
by Kevin Komiega
Senior Editor

Kevin Komiega has been the Senior Editor of InfoStor since 2005. He was previously a senior news writer with SearchStorage.com and held a position as a public relations account executive with Porter Novelli, Boston. Kevin also spent four years running tape backup operations at the University of Rhode Island's Academic Computer Center. He can be contacted at kkomiega@quinstreet.com.