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".
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