StorageTek Scoops Up Storability for ILM Portfolio
StorageTek aims to boost the storage management and monitoring software delivery capabilities of its information lifecycle management portfolio.Storage Technology Corp. (StorageTek) acquired Storability Inc. on Thursday for an undisclosed sum in an attempt to boost the storage management and monitoring software delivery capabilities of its ILM (information lifecycle management) portfolio. Under the asset-purchase transaction, Louisville, Colo.-based StorageTek acquired all of Storabilitys intellectual property, software license agreements and customer contacts held by the Southborough, Mass.-based storage management maker. The two storage companies have been close bedfellows as far back as July 2002, when StorageTek acquired Storabilitys Storage Operations Center to power what has become its Remote Managed Storage Service. Click here to read about StorageTeks new Lifecycle Director software.
Storability has built its suite of software offerings upon its ESRM (Enterprise Storage Resource Management) technology.