IBM acquires storage compression company

IBM acquires Storwize acquired for an undisclosed amount.

IBM on Thursday said it had agreed to acquire data compression technology company Storwize for an undisclosed sum.

The acquisition is expected to close in the third quarter of this year, IBM said in a release.

Storwize provides technology that compresses files and other types of data in real-time in multiple computing environments, IBM said. Storwize's data compression technology does not degrade system or application performance, and creates space to store more data in IT environments.

IBM said that the compression technology will help scan more historical data for analysis without the need for extra storage, which could help boost the performance of analytics applications and databases.

The technology will help make sense of massive amounts of data in order to provide new services, said Brian Truskowski, general manager at IBM, in a statement.

Storwize's Random Access Compression Engine uses patented technology and is based on the industry-standard compression algorithm. IBM offers database software including DB2 and analytics software to uncover and analyze information from multiple sources.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags business issuesIBMstorageinvestments

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Agam Shah

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?