IBM has signed an agreement to buy FilesX, a storage software company in Haifa, Israel, and Newton, Massachusetts, it announced Thursday. Terms of the deal, which IBM said will close shortly, were not disclosed.
FilesX's technology centers on continuous data protection and "nearly instant" data and application recovery for enterprises and branch offices running Windows environments.
Following the sale's close, FilesX's software will become part of IBM's Tivoli Storage Manager product line and be complementary to Tivoli Continuous Data Protection for Files, which IBM aims at SMBs and individuals, IBM said.
The acquisition will "reinforce IBM's mid-market strategy by adding a simple and easy to use full data protection solution -- one that also is attractive to enterprise remote offices and departmental situations," said Al Zollar, general manager of Tivoli software, in a statement.
The purchase also appears to tie into IBM's ongoing Information on Demand push, which has seen the company pull together a flock of data management, access and analysis software in part through a relentless series of acquisitions.
FilesX has more than 100 customers in the U.S. and Israel, according to IBM.
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