About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

IBM Grabs Texas Memory Systems

Subscribe to our newsletter

IBM is acquiring Texas Memory Systems, which sells RamSan solid state memory appliances and PCIe cards.  Terms were not disclosed, though privately-held TMS has been looking for an acquirer for some months in order to scale its business.

IBM is already a reseller of TMS products, though TMS has such relationships with many companies, including most of IBM’s traditional competitors.  IBM plans to invest in the company and integrate its products into its hardware and software offerings, with an eye on boosting their performance.

TMS sells rackmount appliances featuring either RAM or Flash storage, and Flash-based PCIe cards.  As well as a general trend towards integration of Flash storage into servers, such technologies are finding increasing favour as components of low-latency market data and trading systems, since they offer significant performance gains (over hard disk) with virtually no software development required.

IT industry observers suggest that other solid state storage vendors – such as Fusion-io, Kove and Violin Memory – might now become acquisition targets.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

BMLL and Ultumus Partner to Enhance ETF Trading Analytics with Level 3 Data

Market data and analytics provider BMLL has entered into a strategic partnership with Ultumus, a leading specialist in ETF and index data, to deliver a combined data offering aimed at improving trading efficiency and analytics for the global ETF community. The collaboration integrates Ultumus’s widely used ETF reference and Portfolio Composition File (PCF) data with...

EVENT

Eagle Alpha Alternative Data Conference, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...