IBM acquires data storage company
- By Rutrell Yasin
- Jan 03, 2008
IBM hopes to offer next-generation storage systems that can handle large volumes of digital content with the acquisition of XIV, a technology company based in Tel Aviv, Israel.
XIV's technologies and employees will become part of the IBM System Storage business unit of the IBM Systems and Technology Group. Financial terms were not disclosed.
The acquisition will 'further strengthen the IBM infrastructure portfolio and put IBM in the best position to address emerging storage opportunities like Web 2.0 applications, digital archives and digital media,' said Andy Monshaw, general manager at IBM System Storage.
Anyone can create digital content at any time. This has accelerated the need for a new way of applying infrastructure solutions to address this world of digital information, Monshaw said.
XIV's Nextra architecture is well suited to tackle next-generation digital content, IBM officials said. The architecture scales dynamically, heals itself in the event of failure and self-tunes for optimum performance. Nextra is also designed to automatically optimize resource utilization of all the storage system components.
The Nextra architecture has been in production for more than two years with more than four petabytes of capacity being used today by customers.
Over the past two years, IBM has stepped up efforts to expand its storage services with the acquisition of Softek, FileNet and NovusCG.
Rutrell Yasin is is a freelance technology writer for GCN.