IBM announced it has entered into a definitive agreement to acquire Texas Memory Systems (TMS), a developer of high-performance flash memory solutions. TMS is a privately held company based in Houston, Texas. Financial terms of the deal were not disclosed.
Founded in 1978, TMS designs and sells high-performance solid state storage solutions. TMS offers its solid state solutions as the RamSan family of shared rackmount systems and Peripheral Component Interconnect Express (PCIe) cards. The products are designed to help companies improve performance and reduce server sprawl, power consumption, cooling, and floor space requirements, all of which in turn can help clients save money, improve performance and invest more in innovation.
“Solid state technology, in particular, is a critical component of our new 'Smarter Storage' approach to the design and deployment of storage infrastructures, and part of a holistic approach that exploits flash in conjunction with disk and tape technologies to solve complex problems,” says Brian Truskowski, general manager of systems storage and networking for IBM.
Following acquisition close, IBM plans to invest in and support the TMS product portfolio, and will look to integrate over time TMS technologies into a variety of solutions including storage, servers, software, and PureSystems offerings. TMS employs approximately 100 people. The deal is expected to close later in 2012.
For more information on TMS, visit www.ramsan.com.
For more information on IBM, visit www.ibm.com.