IBM Completes Texas Memory Systems Acquisition
IBM announced on Monday October 1 that it had finalized its acquisition of Texas Memory Systems (TMS.) This transaction was first announced in mid-August and was analyzed at that time in an Alert sent to Objective Analysis clients.
Here are a few salient points from the Alert:
- TMS is the world’s oldest SSD maker, and has recently made an aggressive move from DRAM to NAND flash, providing very high performance PCIe SSDs and arrays.
- TMS and IBM play into the same market: storage for large-scale computing. Their technologies complement each other, since IBM’s current solid state storage offerings were lightweight compared to those of TMS.
- The acquisition meshes with IBM’s mantra of “Smarter Planet, Smarter Storage, and Smarter Computing.” SSDs improve storage speed while reducing power and space requirements.
Objective Analysis sees this as a good fit that will harness the synergies of two very similarly managed companies to produce very positive results.