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: From Data to Alpha: AI Strategies for Taming Unstructured Data

Unstructured data and text now accounts for the majority of information flowing through financial markets organisations, spanning research content, corporate disclosures, communications, alternative data, and internal documents. While AI has created new opportunities to extract signals, many firms are discovering that value is constrained not by models, but by the quality of the content, architecture,...

BLOG

Modernising for Continuous Markets: Why Infrastructure Must Be Built for Constant Change

Trading infrastructure modernisation is no longer being driven solely by latency reduction or cost efficiency. The stronger message emerging across the industry is that firms are having to prepare for markets that are increasingly global, extended-hour, automated and operationally unforgiving. That was the central takeaway from a panel discussion at A-Team Group’s recent TradingTech Summit...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

The Data Management Challenges of Client Onboarding and KYC

This special report accompanies a webinar we held on the popular topic of The Data Management Challenges of Client Onboarding and KYC, discussing the data management challenges of client onboarding and KYC, and detailing new technology solutions that have the potential to automate and streamline onboarding and KYC processes. You can register here to get immediate...