IBM Buys Diligent for Estimated $200M

A Globes article published today reported that IBM has bought Israeli storage solutions developer Diligent Technologies Corporation for an estimated $200 million.  The acquisition comes just one week after the computing giant bought FilesX for $70-90 million (see post). 
IBM is snatching up Israeli startups left and right–  It recently acquired XIV, partnered with Siverge and is [...]

Siverge Partners With IBM on Powerful Processor

IBM is certainly taking advantage of the lightspeed innovation happening in the Israeli tech world. Herziliya-based Siverge Networks has told EETimes that it is collaborating with IBM on the development and production   of a convergence processor, codenamed Griffin. The chip will be available in the second half of this year, and will be sold to companies [...]