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Press releases
IBM Acquires XIV
TEL AVIV, ISRAEL and ARMONK, NY, January 2, 2008 – IBM today announced it has acquired XIV, a privately-held storage technology company based in Tel Aviv, Israel. XIV, its technologies and employees, will become part of the IBM System Storage business unit of the IBM Systems and Technology Group. Financial terms of the acquisition are not being disclosed.
Full press release
XIV in the news
To Get Back Into the Storage Game, IBM Calls In an Old Foe
Wall Street Journal, January 10, 2008; by William M. Bulkeley – When it comes to Moshe Yanai and his ideas about how to store huge amounts of computer data, International Business Machines Corp. has come to a conclusion: If you can't beat them, buy them.
Link to story
