IBM seals deal for flash memory company Texas Memory Systems
August 18, 2012, 12:40 am TWN
SAN FRANCISCO -- IBM on Thursday announced a deal to buy a U.S. firm specializing in high-performance solid state memory, which is fast replacing spinning disks used to store data in computer hard drives. IBM did not disclose financial terms of the agreement to acquire Texas Memory Systems (TMS), which is based in Houston.
What TMS has to offer compliments “Smarter Computing” systems promoted by IBM as ways to increase performance and efficiency of technology networks, according to IBM systems storage and networking general manager Brian Truskowski.
“Solid state technology, in particular, is a critical component of our new Smarter Storage approach to the design and deployment of storage infrastructures,” he said. He said it was also “part of a holistic approach that exploits flash in conjunction with disk and tape technologies to solve complex problems.”