IBM Acquires FilesX

IBM is a big fish, that's no doubt, and just as it seems to happen on a regular basis these days, the big fish eats the little one. Very simple! Today, I found out that IBM Corp. reached an agreement to acquire storage company FilesX Inc., so here's the story...


FilesX is an Israeli developer of software for digital storage systems control and corporate data protection, founded back in 2000. With over 100 corporate customers, FilesX will help IBM with its Xpress Restore technology to enhance its Tivoli Storage Manager products line.

The Xpress Restore software from FilesX backs up critical business data and makes it readily available as soon as needed, and some of FilesX's 100 clients are Amherst College, CenterStone Software, and South Nassau Communities Hospital.

"The FilesX acquisition would complement IBM's vision of enterprise data protection by adding critical capabilities for remote offices, delivering continuous data protection for applications and servers, and supporting business users needs with nearly instantaneous recovery of data," said in an official statement Al Zollar, general manager for Tivoli software at IBM.

Unfortunately, no financial details have been made public yet, so this is all we know about this deal, so far...