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IBM Acquired Texas Memory Systems

IBM has acquired flash memory system provider Texas Memory Systems (TMS). By acquiring this company, IBM has augmented its storage and data center systems product line. Both the companies did not unveil the actual financial terms of the deal.


IBM_logo, Image credit: wikimedia.org

IBM General Manager of systems storage and networking, Brian Truskowski said that IBM has planned to embody TMS products and technology into its PureSystems prepackaged hardware systems. Even the company will also use TMS products and technology into other storage, server and software product lines. He also stated that “Solid state technologies will become a core component of Smarter Storage line of storage systems.”

IBM will give the customer service of TMS products that TMS have already sold. The company will invest more money to improve the TMS technologies. The full deal is not end. It is expected that the deal will be closed later this year.

Source: Computerworld

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