IBM to sell new server with Compaq

By : |August 30, 2000 0

NEW YORK: International Business Machines Corp., the world’s largest computer
maker, said on Wednesday it will sell the first data storage product to come out
of a $1 billion alliance it has with Compaq Computer Corp., the world’s No. 1
personal computer maker.

The IBM Modular Storage Server, a low-cost storage device will be available
on Sept. 29, starting at $10,500 with a typical 200-gigabyte version selling for
$70,000.

It was the first product to come out of the alliance announced on July 6. IBM
and Compaq had said they will develop interoperable storage products, hoping to
gain market share within the high-margin storage market currently dominated by
EMC Corp.

                                 

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The companies said at the time of the announcement they expected the
joint-sales agreement to bring "significant" sales to both companies
starting in the fourth quarter.

IBM also said it has completed training to its storage sales force, storage
networking architects, and many of its business partners, that will allow them
to help customers use open storage networking solutions using both IBM and
Compaq products.

(C) Reuters Limited 2000.

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