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updated 21:01, Wed January 02, 2008

IBM Purchases Privately Held XIV to Enhance Its Storage Technology Capabilities

RANDOM NEWS

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ARMONK, N.Y. (AP) -- Computer company IBM Corp. said Wednesday it purchased privately held XIV to enhance its storage technology capabilities.

Terms were not disclosed.

Tel Aviv, Israel-based XIV will be folded into IBM's system storage division, which is part of the IBM systems and technology group.

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