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Memory/Storage  

IBM to acquire Texas Memory Systems

Posted: 17 Aug 2012     Print Version  Bookmark and Share

Keywords:acquisition  flash memory  PCIe  storage  servers 

IBM has agreed to buy US-based flash memory technology company Texas Memory Systems for an undisclosed sum.

Texas Memory designs and sells high-performance solid state storage solutions. The company offers Flash based rackmount systems and PCIe cards.

Following acquisition close, IBM plans to invest in and support the Texas Memory product portfolio, and will look to integrate over time Texas Memory technologies into a variety of solutions including storage, servers, software, and PureSystems offerings.

Brian Truskowski, general manager, systems storage and networking, IBM, said, "The TMS [Texas Memory Systems] strategy and solution set align well with our Smarter Computing approach to information technology by helping clients realise increased performance and efficiencies at lower costs. Solid state technology, in particular, is a critical component of our new Smarter Storage approach to the design and deployment of storage infrastructures, and part of a holistic approach that exploits flash in conjunction with disc and tape technologies to solve complex problems."

IBM said the deal is expected to close later in 2012.





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