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IBM Completes Acquisition of Softek


ARMONK, NY - 01 Mar 2007: IBM (NYSE: IBM) today announced it has completed its acquisition of Softek Storage Solutions Corporation, a privately held company based in Vienna, Virginia.

Through this acquisition, IBM is assembling the most complete and unified data mobility offerings and worldwide delivery expertise for managing data in storage array, host, and virtualized information technology (IT) environments.

IBM had announced an agreement to acquire Softek on January 29. Now that the acquisition is complete, Softek will become part of the Storage and Data Services business unit in IBM Global Technology Services.

IBM will integrate Softek's data mobility technology and best practices with IBM's methods and expertise in storage and data services. As a result, IBM and its business partners will help clients increase the flexibility, efficiency and reliability of moving data, better enabling them to quickly respond to market needs and seize new opportunities.

Softek's Transparent Data Migration Facility (TDMF) solution enables a simple, unified approach to the non-disruptive movement and management of data across storage vendor platforms and operating system environments, as part of an IT infrastructure change.

The acquisition of Softek is the latest example of IBM's continuing strategy to blend software, hardware, and research into higher-margin, standardized services that can be used with multiple clients to help them transform their businesses.

For more information about IBM and Softek, go to www.ibm.com or www.softek.com.

Contact(s) information

Tim Willeford
IBM Media Relations
914-766-4618
twilleford@us.ibm.com

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