IBM’s acquisition of Texas Memory Systems is complete

ENTERPRISE COMPUTING GIANT IBM's acquisition of storage vendor Texas Memory Systems (TMS) is complete, less than two months after the buyout was announced.

IBM announced that it has completed its acquisition of the thirty-year old storage firm today, and will proceed to integrate TMS into the company.

This move will no doubt see IBM pushing more solid state storage into datacentres, with the demand for low latency storage expected to grow significantly in the next few years. In fact, according to IDC, the amount of solid state storage being shipped into the enterprise will reach nearly 3 exabytes by 2016.

However, Big Blue didn't disclose any further details about the acquisition, so we don't know how much it paid for the flash memory vendor.

"Flash technology is a game changer for our clients and IBM is committed to delivering industry-leading Flash-optimized capabilities as a cornerstone of our Smarter Storage strategy," said Brian Truskowski, GM of IBM System Storage and Networking.

"The TMS solutions extend our broad portfolio of Flash-optimized storage arrays and flash optimization software, providing our clients unmatched value." µ