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IBM Acquires Storage Company XIV For $350 Million |
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About the organization IBM:
Type: Business
Sub-Types: Computer, Computer Software, Computer Hardware, Website |
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Notable Organizations: IBM, Techcrunch
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| IBM has acquired Israeli based data storage technology company XIV for what is believed to be $350 million.
XIV’s main product Nextra is a storage system based on a grid of standard hardware components. XIV will become part of the IBM System Storage business unit of the IBM Systems and Technology Group.
Andy Monshaw, general manager for IBM System Storage said that the acquisition of… |
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