This morning IBM announced plans to acquire Cleversafe, a Chicago-based data storage vendor. The move appears to be a way to sure up IBM’s hybrid cloud..
Sourced through Scoop.it from: techcrunch.com
IBM announced plans to acquire Cleversafe, a Chicago-based data storage vendor. The move appears to be a way to sure up IBM’s hybrid cloud storage chops. Cleversafe was founded in 2004, and was well ahead of its time when it came to anticipating the big data revolution. According to its website, the company foresaw the coming data onslaught and redesigned data storage to deal with it. Companies like Lockheed Martin, HP and IBM, which bought it today became partners with the startup over the years. “The company uses unique algorithms to slice data into pieces and reassemble the information from a single copy, rather than simply making multiple copies of the data, which is how storage traditionally has been done. As a result, Cleversafe can store data significantly cheaper and with greater security,” according to a statement released by IBM. In fact, Cleversafe owns over 350 patents related to this technology. The company works with customers with massive amounts of data including Shutterfly for photo storage and Sky for media storage. The purchase is likely aimed at helping IBM customers deal with the growing amount of unstructured multimedia data with photos, videos and audio files, which create huge files requiring massive amounts of storage.