IBM Acquires Storwize

Announced July 29, 2010 — $140M

What happened

Storwize was a company based in USA providing data Compression, acquired by IBM.

IBM's acquisition history

97th of 170 tracked deals

Disclosed prices

37 of 170 IBM deals

IBM's average disclosed price

$1.89B

IBM's largest disclosed deal

Tracked acquisitions in 2010

115 across all acquirers

IBM in Data Compression

1 acquisition

When did IBM acquire Storwize?

IBM acquired Storwize on July 29, 2010. This was IBM's 97th publicly tracked acquisition out of 170 we have on record.

How much did IBM pay for Storwize?

IBM paid $140M for Storwize.

What does Storwize do?

Storwize was a company based in USA providing data Compression, acquired by IBM.

What other Data Compression companies has IBM acquired?

Storwize is IBM's only publicly tracked acquisition in Data Compression so far.