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IBM Acquires XIV

By John | January 2, 2008

IBM brings in the new year with what it does best. IBM announced today that it has acquired XIV, a privately held storage technology company based in Tel Aviv, Israel. The terms of the acquisition have not benn disclosed. Over the past few days, there have been a lot of blog-speculation that IBM might acquire XIV for around 350 million.

To address the new requirements associated with next generation digital content, IBM chose XIV and its NEXTRAâ„¢ architecture for its ability to scale dynamically, heal itself in the event of failure, and self-tune for optimum performance, all while eliminating the significant management burden typically associated with rapid growth environments. The architecture also is designed to automatically optimize resource utilization of all the components within the system, which can allow for easier management and configuration and improved performance and data availability.

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