Diligent Technologies is IBM&#39s third acquisition in Israel which offers data de-duplication solutions for e-mail and databases. Diligent Technologies is IBM&#39s third acquisition in Israel which offers data de-duplication solutions for e-mail and databases.

IBM Buys Diligent Technologies Company

By Sara Smith
Jul 21, 2008 21:33 PM GMT
Diligent Technologies is IBM&#39s third acquisition in Israel which offers data de-duplication solutions for e-mail and databases.

Diligent Technologies is IBM&#39s third acquisition in Israel which offers data de-duplication solutions for e-mail and databases.

Diligent Technologies is IBM&#39s third acquisition in Israel to date this year. In January, it bought storage technology company XIV for nearly $350 million, and last week it bought data recovery company FilesX Ltd. for a approximately $80 million.

Diligent Technologies is closely linked with XIV executive chairman Moshe Yanai, who is now responsible for storage development at IBM.

Yanai and Diligent chairman and CEO Doron Kempel co-founded the company as a spin-off of EMC Israel in 2002. EMC Corp. still owns 2027777604230f Diligent, which develops solutions for one of the hottest fields in data storage.

The company&#39s solutions enables data storage facilities to back up only changes made in files, rather than duplicate the entire file system, thereby eliminating redundancies to save space.

Diligent Technologies has raised $50 million. Its shareholders, in addition to EMC, include Accel Partners, Gemini Israel Funds, Eastward Capital Partners, and Matrix Partners.

Filed Under:   IBM News   Latest Computer Technology


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IBM paid $200 million for Diligent Technologies. In January, the company paid $350 million for XIV which specializes in data recovery.