Big Blue

Posted on April 18, 2008
Filed Under Business, Tech |

Big Blue has made yet another storage buy, this time scooping up privately-held Diligent Technologies for an undisclosed sum, although rumors peg the price at $200m.

The company, which has in recent months been on a considerable storage spending spree, said today that the Framingham, Massachusetts and Tel Aviv, Israel-based de-duplication software specialist will be folded into IBM’s System Storage biz unit.

This acquisition is IBM’s third swoop on an Israel-based outfit in as many months. Just last week it swallowed up FilesX, which has operations in Haifa and Newton, Massachusetts.