IBM, Compaq Strike Storage Pact

FRAMINGHAM (07/06/2000) - IBM Corp. and Compaq Computer Corp. today said they will create interoperable storage products and standards for storage networking products in a deal that could surpass US$1 billion.

Under the terms of the agreement, Compaq will augment its products with IBM's Shark enterprise storage server and certain Tivoli Systems Inc. systems management software. IBM, in turn, will use Compaq's StorageWorks modular array storage systems and software with products such as IBM 10,000 RPM hard disk drives, the companies said in a statement. IBM will also support Compaq's VeraStor technology for Storage Area Network (SAN) virtualization.

Compaq and IBM will offer equipment, software and staffing to support each other's storage networking and storage-area network customer centers.

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