IBM Acquires Diligent Technologies

IBM has acquired Israel-based storage company Diligent Technologies for an undisclosed sum estimated by analyst firm Globes to be in the region of $200m.

Under the terms of the agreement, Diligent’s technologies and employees will become part of the IBM System Storage business unit of IBM’s systems and technology group.

Diligent develops data de-duplication software that reduces the amount and cost of physical storage required in data centers. IBM said the acquisition is an important part of its New Enterprise Data Center model.

Andy Monshaw, general manager at IBM System Storage, said: “Diligent’s data de-duplication software is a critical technology that will be integrated into the IBM Storage portfolio to further extend our information infrastructure strategy, allowing our clients to eliminate redundant data and streamline the infrastructure required to support their business which can result in dramatic improvements in data center efficiency.”

This is the third acquisition by IBM this year. Earlier this month, it acquired continuous data protection software provider FilesX, and in January it acquired XIV.