IBM to Buy Solid State Vendor Texas Memory
To augment its line of storage and data center systems with solid state technology, IBM is acquiring flash memory system provider Texas Memory Systems (TMS).
To augment its line of storage and data center systems with solid state technology, IBM is acquiring flash memory system provider Texas Memory Systems (TMS). Financial terms of the deal were not disclosed.
IBM plans to incorporate TMS products into IBM's PureSystems prepackaged hardware systems, as well as into other storage, server and software product lines. Solid state technologies will become a core component of Smarter Storage line of storage systems, said Brian Truskowski, IBM general manager of systems storage and networking, in a statement.
TMS sells high performance solid state disk-based storage systems under the RamSan product name. The company offers both rack-mounted storage as well as PCIe cards embedded with flash. Solid state disks offer performance and reliability advantages over traditional spinning disk-based drives. IDC estimates that by 2016 enterprise systems will procure nearly three exabytes, or 1 billion gigabytes, of solid state storage a year.
IBM will continue to support the products TMS has already sold to customers, as well as invest in improving TMS technologies, the company stated.
Based in Houston, Texas, TMS is privately held. It was founded in 1978, and currently employs about 100 personnel.
The deal is expected to close later in 2012.
IDC expects government projects and re-entry of older players will drive the growth in tablet market in 2015.
- A Zinnov Study predicts that the adoption of cloud technologies will drive the growth of the Indian domestic IT market, which will touch $67 billion by 2020.
The Supreme Court reserved its verdict on a slew of petitions challenging the validity of Section 66A of the IT Act.
Location sharing may not grab your attention like a post on Facebook or Twitter, but it's a darn useful utility for keeping track of family members and friends. Microsoft's Squad Watch wants to be that app for Windows Phone, but at this stage, it's not.