FilesX, a data recovery startup started in Israel and now based in Newton, Mass., has been acquired by IBM (NYSE: IBM). The purchase price for the deal was undisclosed, but reported to be between $70 and $90 million dollars, according to Globes Online.
FilesX makes restoration software that complements other storage systems like tape drives. The company will join IBM’s storage division as part of its data-protection suite, Tivoli Storage Manager.
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