IBM Completes Acquisition of Texas Memory Systems

Stefan Mileschin · 2nd October 2012, 07:34

IBM (NYSE: IBM) today announced it has completed its acquisition of Texas Memory Systems (TMS), a privately held company based in Houston, Texas. Financial terms of the deal were not disclosed. IBM announced on August 16, 2012, that it had signed a definitive agreement to acquire TMS, a leading developer of high-performance flash memory solutions.

Founded in 1978, TMS designs and sells solid state memory solutions as the RamSan family of shared rackmount systems and Peripheral Component Interconnect Express (PCIe) cards. The products are designed to help companies improve system performance and reduce such critical issues in the data center as server sprawl, power consumption, cooling, and floor space requirements. Leveraging such solutions can help organizations save money, improve performance and invest more in innovation.

http://www.techpowerup.com/173014/IB...y-Systems.html

2nd October 2012, 07:34	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,578	IBM Completes Acquisition of Texas Memory Systems IBM (NYSE: IBM) today announced it has completed its acquisition of Texas Memory Systems (TMS), a privately held company based in Houston, Texas. Financial terms of the deal were not disclosed. IBM announced on August 16, 2012, that it had signed a definitive agreement to acquire TMS, a leading developer of high-performance flash memory solutions. Founded in 1978, TMS designs and sells solid state memory solutions as the RamSan family of shared rackmount systems and Peripheral Component Interconnect Express (PCIe) cards. The products are designed to help companies improve system performance and reduce such critical issues in the data center as server sprawl, power consumption, cooling, and floor space requirements. Leveraging such solutions can help organizations save money, improve performance and invest more in innovation. http://www.techpowerup.com/173014/IB...y-Systems.html

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