The unit will be incorporated in to IBM subsidiary Tivoli Systems, which provides IT management solutions for systems and networks.
Computer giant IBM International has bought Israeli company Mercury Computer Systems’ US-based Shared Storage Business Unit for $23.5 million in cash. Following the acquisition, the unit will be integrated into Tivoli, an IBM International subsidiary that provides IT management solutions for systems and networks.
Mercury’s Shared Storage Business Unit has developed the SANergy family of Storage Area Network (SAN)-based file sharing products. SAN are fast becoming the preferred approach to handling the massive data requirements of today’s e-business systems. The addition of the SANergy products to Tivoli’s Storage Management Solutions portfolio will enable Tivoli to offer its customers a broad range of storage options.
Tivoli’s storage software manages data for 80 of the Fortune 100 companies, as well as some of the world's
largest e-businesses.
Mercury Computer Systems was founded in Israel, and it has a development center in Tel Aviv. It is currently a public company traded on NASDAQ. Mercury manufactures high-performance embedded, real-time digital signal and image processing computer systems that transform sensor data to information for analysis and interpretation. Its products are integrated into a wide range of defense electronics and medical imaging applications.
Published by Israel's Business Arena December 21, 1999