Western Digital has acquired more than 100 patent assets from IBM in distributed storage, object storage, and emerging non-volatile memory. The companies also entered into a patent cross-license agreement. Financial terms were not disclosed.
“This agreement reflects our continued focus on innovation and sets the stage for even more rapid advancement and commercialization of new data storage solutions,” said Mike Cordano, president and chief operating officer, Western Digital. “We are building on Western Digital and IBM’s long-standing relationship and look forward to future collaborations and business opportunities.”
Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about IBM. One of the companies whose work it now carries:
Texas Memory Systems built High-performance RAM- and flash-based solid-state storage systems. What became of it?
Texas Memory Systems brought High-performance RAM- and flash-based solid-state storage systems to Storage. That work was distinctive enough to lead to its acquisition by IBM. The standalone name now passes into the archive — but the team and technology continue inside IBM today. One of 430 names here whose work outlived the company.