IBM Acquires FilesX

IBM COMPLETES ACQUISITION OF FilesX

Company to Expand on IBM Storage Management Software Portfolio

ARMONK, N.Y., April 21, 2008 – IBM (NYSE: IBM) today announced it has completed its acquisition of FilesX, a privately held storage software company based in Newton, Mass., and Haifa, Israel. FilesX specializes in continuous data protection and nearly instant data and application recovery software for enterprises and remote/branch offices. Financial terms were not disclosed.

IBM announced a definitive agreement to acquire FilesX on April 10, 2008. The FilesX technology will become part of the Tivoli Storage Manager (TSM) family of products, IBM's flagship suite of leading data protection and information infrastructure offerings, with proven compatibility in customer environments today.

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