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IBM Completes Acquisition of Mylex Corporation.


SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 29, 1999--

IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  today announced the completion of the acquisition of Mylex Corporation (Nasdaq:MYLX), a leading developer of technology for moving, storing, protecting and managing data in desktop and networked environments. Mylex, based in Fremont, Calif., is now a wholly-owned subsidiary of IBM.

Through this acquisition, IBM will strengthen its efforts to deliver more integrated solutions to original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) storage customers. Mylex designs and manufactures cost-effective and high-performance RAID controllers for storage products. RAID, or redundant arrays of independent disks (storage, architecture) Redundant Arrays of Independent Disks - (RAID. Originally "Redundant Arrays of Inexpensive Disks") A project at the computer science department of the University of California at Berkeley, under the direction of Professor Katz, in conjunction with Professor , can provide higher performance and enhanced data security by effectively grouping several disks into a single system.

"This strategic move will significantly strengthen IBM's NT and UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
 attached storage offerings as well as our storage area network (SAN) and network attached storage (NAS (1) See network access server.

(2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular
) portfolio of solutions," according to Ron Kilpatrick, general manager, IBM Storage Systems Division.

As the largest supplier of storage in the world and the holder of more U.S. data storage patents than any other company, IBM offers the most comprehensive portfolio of storage solutions available. IBM Storage Systems Division offers a full suite of disk and tape subsystems, storage management software, hard disk drive technology, systems integration and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services .

Mylex Corporation is a leading, ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
 9001-certified developer of high-performance RAID hardware and software. Mylex produces a broad product line, spanning applications from PC workstations and entry-level servers to enterprise-class systems. Mylex has sales offices in Europe, Asia and the U.S. and research and development facilities in Fremont, Calif., and Boulder, Colo.

Mylex products will continue to be sold to distributors, value-added resellers (VARs) and system integrators for the UNIX and Windows NT platforms, as well as OEM customers worldwide.

Go to htpp://www.ibm.com/storage for more information about IBM Storage Systems Division. A related press release about the acquisition issued July 27, 1999, can also be found at this site. -0-

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COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 29, 1999
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