Date: 17/08/2012

IBM to acquire solid state memory expert TMS

IBM has entered into a definitive agreement to acquire Texas Memory Systems (TMS), a flash memory based solid state memory solutions company. TMS offers its solid state solutions as the RamSan family of shared rackmount systems and Peripheral Component Interconnect Express (PCIe) cards.

“The TMS strategy and solution set align well with our Smarter Computing approach to information technology by helping clients realize increased performance and efficiencies at lower costs,” said Brian Truskowski, general manager, Systems Storage and Networking, IBM. “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.”

“IBM understands the positive and dramatic impact that solid state technology can have on storage and server infrastructures, and once the acquisition is complete we look forward to advancing the technology even further. With the global reach of IBM, we expect to grow the engineering staff and product lines much faster than we could before,” said Holly Frost, founder and CEO of TMS.

TMS employs approximately 100 people. The deal is expected to close later in 2012.
Author: Srinivasa Reddy N