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IBM To Buy Grid Storage Startup?

zdnet.com » 2007 » December » 31st » IBM To Buy Grid Storage Startup?

There a rumor running around that IBM may be buying Israeli grid startup, XIV for $300 - $350 million. If so this would represent a whopping coo for XIV who's seen just $3 million in investment to date, reports Globes As Globes notes, traditionally the most critical information must be stored on amazingly expensive Tier 1 storage. The XIV system allows the same "instantaneous availability and … Continue Reading »

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