Showing posts with label data compression. Show all posts
Showing posts with label data compression. Show all posts

Thursday, July 29, 2010

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".