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.

IBM (NYSE: IBM) today announced it has acquired Diligent Technologies, a privately held storage "de-duplication" technology company headquartered in Framingham, Massachusetts with research and development located in Tel Aviv, Israel.

In the face of increased compliance regulations and rising data protection requirements, Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd.

Sun Microsystems has thrown a cloud over the VTL software that it is its OEM supplier FalconStor's biggest selling product, by turning to a rival of FalconStor's for an alternative offering.