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IBM confirms XIV buyout

Posted: 04 Jan 2008  Print Version  Bookmark and Share Subscribe

Keywords: acquisition  storage startup  IBM 

[Summary of tips] Confirming reports of a storage startup buyout, IBM announced it is acquiring XIV, a privately-held storage technology company based in 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 were not disclos......
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