IBM Completes Acquisition of Texas Memory Systems

Mergers / Acquisitions
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

IBM today announced it has completed its acquisition of Texas Memory Systems (TMS), a privately held company based in Houston, Texas. Financial terms of the deal were not disclosed.

 

IBM announced on August 16, 2012, that it had signed a definitive agreement to acquire TMS, a leading developer of high-performance flash memory solutions.

 

Founded in 1978, TMS designs and sells solid state memory solutions as the RamSan family of shared rackmount systems and Peripheral Component Interconnect Express (PCIe) cards. The products are designed to help companies improve system performance and reduce such critical issues in the data center as server sprawl, power consumption, cooling, and floor space requirements. Leveraging such solutions can help organizations save money, improve performance and invest more in innovation.

 

“Flash technology is a game changer for our clients and IBM is committed to delivering industry-leading Flash-optimized capabilities as a cornerstone of our Smarter Storage strategy," said Brian Truskowski, General Manager, IBM System Storage and Networking. "The TMS solutions extend our broad portfolio of Flash-optimized storage arrays and flash optimization software, providing our clients unmatched value.”

 

IDC estimates the amount of solid state storage solutions being shipped into the enterprise will grow significantly, reaching nearly 3 exabytes by 2016.

 

TMS will be integrated into IBM Systems and Technology Group.

 

IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service.

For more information, visit: www.ibm.com.

BLOG COMMENTS POWERED BY DISQUS

LATEST COMMENTS

Support MC Press Online

$

Book Reviews

Resource Center

  •  

  • LANSA Business users want new applications now. Market and regulatory pressures require faster application updates and delivery into production. Your IBM i developers may be approaching retirement, and you see no sure way to fill their positions with experienced developers. In addition, you may be caught between maintaining your existing applications and the uncertainty of moving to something new.

  • The MC Resource Centers bring you the widest selection of white papers, trial software, and on-demand webcasts for you to choose from. >> Review the list of White Papers, Trial Software or On-Demand Webcast at the MC Press Resource Center. >> Add the items to yru Cart and complet he checkout process and submit

  • SB Profound WC 5536Join us for this hour-long webcast that will explore:

  • Fortra IT managers hoping to find new IBM i talent are discovering that the pool of experienced RPG programmers and operators or administrators with intimate knowledge of the operating system and the applications that run on it is small. This begs the question: How will you manage the platform that supports such a big part of your business? This guide offers strategies and software suggestions to help you plan IT staffing and resources and smooth the transition after your AS/400 talent retires. Read on to learn: